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Units purchased Cost per Total Cost Units Sold Selling Total unit 1 Date of Purchase Price per Sales unit 2345696 Dec. 1 Beginning inventory 850

Units purchased Cost per Total Cost Units Sold Selling Total unit 1 Date of Purchase Price per Sales unit 2345696 Dec. 1 Beginning inventory 850 $12 $10,200 Dec. 8 Purchase 1,050 14 14,700 Dec. 10 Sales Dec. 14 Purchase Dec. 16 Sales 800 $30 24,000 1,100 15 16,500 990 $30 29,700 7 Totals 3,000 $41,400 1,790 $53,700 Assuming perpetual LIFO, which formula correctly calculates the cost of the 800 units sold on December 10? Multiple Choice =+G4E2 +G4E5 +G4E3 +G4 H4

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