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The Inventory records for Radford Company reflected the following: Beginning inventory @ May 1 1,400 units @ $4.40 First purchase @ May 7 1,500 units

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The Inventory records for Radford Company reflected the following: Beginning inventory @ May 1 1,400 units @ $4.40 First purchase @ May 7 1,500 units @ $4.60 Second purchase a May 17 1,700 units @ $4.70 Third purchase @ May 23 1,300 units @ $4.80 Sales @ May 31 4,508 units @ $6.30 What is the amount of cost of goods sold assuming the LIFO cost flow method? Multiple Choice $20.700 $21.600 $21130 $19,800

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