Question: 12 , Units Sold at Retail Date August 1 August 5 August 12 August 15 Activities Beginning inventory Purchase Purchase Sales Units Acquired at Cost

, Units Sold at Retail Date August 1 August 5 August 12 August 15 Activities Beginning inventory Purchase Purchase Sales Units Acquired at Cost 15 units @ $34 = $510 10 units @ $35 - $350 20 units @ $36 - 5720 30 units sold Using the FIFO perpetual Inventory method, what is the value of the inventory at August 15 after the sale? Multiple Choice $540 o $270 o $1.580 O $540 O $270 $1,580 O $360 O $1,040

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