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Question 33 Pharoah has the following inventory data: July 1 Beginning inventory 5 Purchases 14 Sale 21 Purchases 30 Sale 37 units at $74 223
Question 33 Pharoah has the following inventory data: July 1 Beginning inventory 5 Purchases 14 Sale 21 Purchases 30 Sale 37 units at $74 223 units at $69 149 units 112 units at $72 104 units Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July? $17781 $17769 $17721 $18216
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