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Johnson Fashion Inc. sells socks. During January 2014, its inventory records for one particular brand of socks were as follows: Quantity Price per pairTotal Beginning

Johnson Fashion Inc. sells socks. During January 2014, its inventory records for one particular brand of socks were as follows:

Quantity Price per pairTotal

Beginning Inventory

6 pairs

$18

$108

January 6 Purchase

3 pairs

$16

$48

January 10 Sale

5 pairs

N/A

January 15 Purchase

8 pairs

$15

$120

January 20 Sale

10 pairs

N/A

January 25 Purchase

4 pairs

$22

$88

Using this information, perpetual LIFO cost of goods sold is?

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