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Lionworks Enterprises had the following inventory data Date July 1 Beginning inventory July 4 Purchase July 7 Sale July 11 Purchase July 14 Sale QuantityUnit

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Lionworks Enterprises had the following inventory data Date July 1 Beginning inventory July 4 Purchase July 7 Sale July 11 Purchase July 14 Sale QuantityUnit Cost $50 $58 10 12 $54 Assuming FIFO, what is the cost of goods sold for the July 7 sale? OA $656 B. S600 OC. $680 OD. $664

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