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Marigold Corp. has the following inventory data: $342 July 1 7 Beginning inventory Purchases Purchases 18 units at $19 63 units at $20 9 units
Marigold Corp. has the following inventory data: $342 July 1 7 Beginning inventory Purchases Purchases 18 units at $19 63 units at $20 9 units at $22. 1260 198 22 $1800 A physical count of merchandise inventory on July 30 reveals that there are 30 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is O $1798. O $1182. O $618. O $582
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