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HELP!! Bahamut Industries had the following very transactions during 2019: 2ts Units February 1, 2019 Cost per unit Purchase 22 March 14, 2017 551 Purchase

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Bahamut Industries had the following very transactions during 2019: 2ts Units February 1, 2019 Cost per unit Purchase 22 March 14, 2017 551 Purchase 36 $50 May 1, 2019 Purchase 26 The company sold 70 units at $60. Assuming the company uses the LIFO Cost Flow Assumption what Bahamuts COGS2 Round to the rest Wholedo $5,690 $3.746 5.17 $714 Question 6 Otto's Garage follows the revenue recognition principle as outlined by GAAP. Otto services a car on August 31. The customer picks up the vehicle on September 1 and mails the payment to Otto on September 5. Otto receives the check in the mail on September 6. When should Otto show that the revenue was earned? 2 pts September 5 August 31 September 6 September

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