using the LIFO method and the inventory list below, which of the following is the cost of goods sold during July?

A. $1,050

B. $1,750

C. $1,550

D. &1,450

Question Unit 3 Tutorials Purchased Units Unit Cost Total Cost March 200 $2.50 $500 April 100 $3.00 $300 May 300 $2.00 $600 June 200 $1.50 $300 Units Available for Sale 800 $1700 Ending Inventory 700 Units Sold in July Units on Hand 100 Cost of Goods Sold: Using the LIFO method and the inventory list below, which of the following is the ce Sold during July? $1,050 o At | er 32