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Inventory records for ABC Company revealed the following: Number Unit Date Transaction of Units Cost Apr. 1 Beginning inventory 510 $2.33 Apr. 20 Purchase 330
Inventory records for ABC Company revealed the following: Number Unit Date Transaction of Units Cost Apr. 1 Beginning inventory 510 $2.33 Apr. 20 Purchase 330 2.52 Seved ABC sold 650 units of inventory during the month. Cost of goods sold assuming LIFO would be: (Do not round Multiple Choice $1,514. $1,541 O $1,577. $1,158 www
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