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July 1 July 5 Snug-As-A-Bug Blankets has the following inventory data: Beginning Inventory 30 units @ $60 Purchases 180 units @ $56 July 14 Sale

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July 1 July 5 Snug-As-A-Bug Blankets has the following inventory data: Beginning Inventory 30 units @ $60 Purchases 180 units @ $56 July 14 Sale 120 units July 21 Purchases 90 units @ $58 July 30 Sale 84 units Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July? $11,592 $11,544 $11,832 $11,604

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