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Lauer Corporation has provided the following information about one of its laptop computers: 4 Number Date Transaction 1/1 Beginning Inventory of Units 250 350 03521

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Lauer Corporation has provided the following information about one of its laptop computers: 4 Number Date Transaction 1/1 Beginning Inventory of Units 250 350 03521 5/5 Purchase 8/10 Purchase 10/15 Purchase Cost per Unit $ 950 $ 1.050 $ 1,150 $ 1,200 450 275 During the year, Laver sold 1125 laptop computers. What was cost of goods sold using the LIFO cost flow assumption? Multiple Choice $1.212.500 523355 50263500 M Prey 4 of 45 No MacBook Air * DUD A 2 3 $ 4 % 5 * & 7 6 8 Q W E R

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