Lionworks Enterprises had the following inventory data:
Assuming FIFO, what is the cost of goods sold for the July 14 sale? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)
A)$441
B)$416
C)$444
D)$456

Question

Lionworks Enterprises had the following inventory data: 
Assuming FIFO, what is the cost of goods sold for the July 14 sale? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)
A)$441 
B)$416 
C)$444 
D)$456

Quizplus · Accepted Answer

The Answer of Lionworks Enterprises had the following inventory data: 
Assuming FIFO, what is the cost of goods sold for the July 14 sale? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)
A)$441 
B)$416 
C)$444 
D)$456

Lionworks Enterprises Had the Following Inventory Data