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Greef Karga Mech has the following inventory data: July 1 Beginning inventory 30 units at $60 July 5 Purchases 180 units at $56 July 14 Sale 120 units July 21 Purchases 90 units at $58 July 30 Sale 84 units Assuming that a perpetual inventory system is used, what is the COST OF GOODS SOLD on a FIFO basis for July? $11,592 $11,544 $11,604 $11,832 Question 20 3.25 pts Which of the following is not a common cost flow assumption used in costing inventory? Average-cost First-in, first-out Middle-in, first-out Last-in, first-out