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QUESTION 21 3 points Save Answer The following information was collected from the inventory records of a company for the month of March, 2009. During
QUESTION 21 3 points Save Answer The following information was collected from the inventory records of a company for the month of March, 2009. During March the company sold 90 units of its product at $25 per unit. Date Units Unit Cost Total Cost Beginning inventory March 1 15 $10.00 $150 Purchase March 5 35 $12.00 $420 Purchase March 10 70 $14.00 $980 Purchase March 17 25 $15.00 $375 Determine cost of goods sold under LIFO for the month of March. 795 1,285 1,130 640
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