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Warren Clothing Store sells jeans. During January, its inventory records of one brand of designer jeans were as follows: Beginning inventory 10 pairs x $22

Warren Clothing Store sells jeans. During January, its inventory records of one brand of designer jeans were as follows: Beginning inventory 10 pairs x $22 = $220 January 6 purchase 4 pairs x $25 = $100 January 10 sale 5 pairs January 15 purchase 7 pairs x $30 = $210 January 20 sale 10 pairs January 25 purchase 4 pairs x $30 = $120 Using the information above, periodic LIFO cost of goods sold is: $330 $430 $375 $390

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