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Lauer Corporation uses the periodic inventory system and has provided the following information about one of their laptop computers ber of Units Cost per Unit

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Lauer Corporation uses the periodic inventory system and has provided the following information about one of their laptop computers ber of Units Cost per Unit $800 $900 $1,000 $1.050 Date ransactio L1l 5/5 8/10 10/15 Beginning Inventory Purchase Purchase Purchase 100 200 300 200 During the year, 750 laptop computers were sold What was cost of goods sold using the LIFO cost flow assumption? $717,500 O $730,000 O $703,125 O $725,500

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