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The following information pertains to Julia & Company: March 1 Beginning inventory = 32 units @ $5.70 March 3 Purchased 22 units @ 3.50 March
The following information pertains to Julia & Company:
March | 1 | Beginning inventory = 32 units @ $5.70 | ||
March | 3 | Purchased 22 units @ 3.50 | ||
March | 9 | Sold 33 units @ 8.40 |
What is the cost of goods sold for Julia & Company assuming it uses LIFO?
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