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Lauer Corporation has provided the following information about one of its laptop computers: Date Transaction 1/1 Beginning Inventory 5/5 Purchase 8/10 Purchase 10/15 Purchase Number

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Lauer Corporation has provided the following information about one of its laptop computers: Date Transaction 1/1 Beginning Inventory 5/5 Purchase 8/10 Purchase 10/15 Purchase Number of Units 130 230 330 215 0:28.45 Cost per Unit $ 830 $ 930 $ 1,030 $ 1,080 During the year, Lauer sold 825 laptop computers. What was cost of goods sold using the LIFO cost flow assumption? Multiple Choice $815,500 o 5807.500 o o

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