Suppose that Sheridan has the following inventory data: July 1 Beginning inventory 33 units at $6.60 Purchases 132 units at $7.30 5 14 21 30 Sale Purchases Sale 88 units O $1132.20 O $1702.80 O $844.80 $570.60 66 units at $7.90 62 units Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July?

Suppose that Sheridan has the following inventory data: Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July? $1132.20 $1702.80 $844.80 $570.60