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The inventory records for Radford Company reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third

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The inventory records for Radford Company reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third purchase @ May 23 Sales @ May 31 1,200 units @ $4.00 1,300 units @ $4.20 1,500 units @ $4.30 1,100 units @ $4.40 3,900 units @ $5.90 What is the amount of cost of goods sold assuming the LIFO cost flow method? What is the amount of cost of goods sold assuming the LIFO cost flow method? Multiple Choice $17160 $16.750 $16,380 $15.600

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