Use the information below to answer the following question. Boxwood Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no beginning Inventory on May 1 Date May 3 10 Cost $20 Blankets Purchase Sale Purchase Sale sale Purchase Units 5 3 10 6 17 20 23 30 24 3 10 30 Assuming that the company was the perplaual Inventory system, determine the cost of merchandise sold for the sale of May 20 using the LIFO Inventory cost method OD 1144 Oc 10 Od 11.30 Om My Wors more Chew Woman Prev Next Alle SiteGrading Home ind Nu P. 7 Home