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Inventory records for ABC Company revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 470 $ 2.30 Apr. 20 Purchase
Inventory records for ABC Company revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 470 $ 2.30 Apr. 20 Purchase 350 2.54 ABC sold 660 units of inventory during the month. Cost of goods sold assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $1,326. $1,602. $1,518. $1,564.
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