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The following information pertains to inventory for a company: March 1 Beginning inventory =31 units @ $5.50 March 3 Purchased 22 units @ 4.10 March

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The following information pertains to inventory for a company: March 1 Beginning inventory =31 units @ $5.50 March 3 Purchased 22 units @ 4.10 March 9 Sold 34 units @ 8.80 What is the cost of goods sold, assuming the company uses LIFO? (Do not round your intermediate calculations. Round y dollar amount.) Multiple Choice $156 $154 $187 $139

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