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The following information pertains to Julia & Company: 17 March 1 Beginning inventory - 28 units @ $5.20 March 3 Purchased 14 units @ 3.60
The following information pertains to Julia & Company: 17 March 1 Beginning inventory - 28 units @ $5.20 March 3 Purchased 14 units @ 3.60 March 9 Sold 22 units @ 8.80 eBook What is the cost of goods sold for Julia & Company assuming it uses LIFO? (Do not round your Intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $79. $114. $86. $92
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