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Inventory records for ABC Company revealed the following Number Unit Date Transaction of Units Cost Apr. 1 Beginning inventory 460 $2.33 Apr. 20 Purchase 370

Inventory records for ABC Company revealed the following Number Unit Date Transaction of Units Cost Apr. 1 Beginning inventory 460 $2.33 Apr. 20 Purchase 370 2.50 ABC sold 620 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 $1,298 $1508 STATE ABC sold 620 units of inventory during the month. Cost of goods sold as to the nearest dollar amount.) Multiple Choice O $1,298. $1,508. $1,472 $1,445image text in transcribedimage text in transcribed

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