Question $9$

$0\mathrm{.}5$ points

Leno uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of February were as follows:

Purchase Feb. $4$

$16$ gizmos @ $$11$ each

Purchase Feb. $13$

$14$ gizmos

@ $$15$ each

Purchase Feb. $27$

$23$ gizmos @ $$23$ each

On February $17($Hint: before Feb. $27$ purchase$)$ the company sold $20$ units of this product.

Assuming that the company uses the LIFO flow assumption, the cost of goods sold to be recorded at Feb. $17$ GIVE ANSWERS FOR ALL NUMERIC COMPUTATIONS AS A

SINGLE TOTAL DOLLAR AMOUNT WITHOUT USING $ SIGN