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QUESTION 30 The Boxwood Company sells blankets for $60 each. The following was taken from the Inventory records during May. The company had no beginning

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QUESTION 30 The Boxwood Company sells blankets for $60 each. The following was taken from the Inventory records during May. The company had no beginning inventory on May 1 Date Blankets Units Cost May Purchase 5 520 10 Sale 3 17 Purchase 10 20 Sale 6 23 Sale 3 30 Purchase 10 530 Assuming that the company tes the perpetual Inventory system determine the May 31 inventory balance using the UFO inventory cost method O A $324 3.5320 $364 O 0.5372

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