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Nash's Trading Post, LLC has the following inventory data: July 1 7 Beginning Inventory Purchases Purchases 30 units at $20 104 units at $16 15

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Nash's Trading Post, LLC has the following inventory data: July 1 7 Beginning Inventory Purchases Purchases 30 units at $20 104 units at $16 15 units at $22 22 $600 1664 330 $2594 A physical count of merchandise inventory on July 30 reveals that there are 37 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $1838 $1912 $1780 $1882

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