Novak Corp. has the following inventory data: July 1 Beginning Inventory 49 units at $24 $1176 7 Purchases 171 units at $26 4446 22 Purchases 24 units at $27 648 $6270 A physical count of merchandise inventory on July 30 reveals that there are 61 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is O $4782. O $4660. $4623. $4477