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Lionworks Enterprises had the following inventory data QuantityUnit Cost Date July 1 July 4 July 7 July 11 July 14 $51 $53 Beginning inventory Purchase

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Lionworks Enterprises had the following inventory data QuantityUnit Cost Date July 1 July 4 July 7 July 11 July 14 $51 $53 Beginning inventory Purchase Sale Purchase Sale 10 12 $60 Assuming FIFO, what is the cost of goods sold for the July 7 sale? O A. $612 B. $626 S. $632 D. $628

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