Question: 01:27:28 Hide Timer Question 9 --/2.5 View Policies Current Attempt in Progress Skysong, Inc. has the following inventory data: July 1 Beginning inventory 7 Purchases

 01:27:28 Hide Timer Question 9 --/2.5 View Policies Current Attempt in

01:27:28 Hide Timer Question 9 --/2.5 View Policies Current Attempt in Progress Skysong, Inc. has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 30 units at $19 105 units at $20 15 units at $22 $570 2100 330 $3000 A physical count of merchandise inventory on July 30 reveals that there are 50 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is O $1970. O $1030. O $2030. $970. Save for Later Attempts: 0 of 1 used Submit Answer Assignment sent to Gradebook Your grade is being recorded. Thu, Apr 9, 2020, 4:54:43 PM (America/New York-04:00) o T borotocoarch dal 4:54 PM

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