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Question 25 4 pts Metlock, Inc. has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 36 units at $18 126 units

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Question 25 4 pts Metlock, Inc. has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 36 units at $18 126 units at $19 18 units at $20 $648 2,394 360 $3,402 A physical count of merchandise inventory on July 30 reveals that there are 45 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is O $2,529 $2,583 O $2,439 O $2,502

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