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Lover Corporation has provided the following information obout one of its laptop computers Date Transaction 1/1 Beginning Inventory S/S Purchase 8/10 Purchase 10/15 Purchase Number

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Lover Corporation has provided the following information obout one of its laptop computers Date Transaction 1/1 Beginning Inventory S/S Purchase 8/10 Purchase 10/15 Purchase Number of Units 160 260 360 230 Cost per Unit $ 860 $ 960 $ 1,060 $ 1.110 During the year, Louer sold 900 laptop computers What was cost of goods sold using the UFO cost flow assumption? Multiple Choice $90,000 3929.500 5912.564 $902,000

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