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On August 2, Bison Strong Inc. has inventory of 27 units, with per unit cost of $8. Additional purchase was made on August 4 in

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On August 2, Bison Strong Inc. has inventory of 27 units, with per unit cost of $8. Additional purchase was made on August 4 in the amount of 37 units at $9 each. 29 units are sold on August 7. Calculate the amount of cost of goods sold to be reporting for the 29 units that were sold assuming that FIFO perpetual inventory method is used. Multiple Choice $783 $240 $238 0 $234 $112 0

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