Question: 5 Note: #5 & 6 use the same problem information: Olympus Climbers Company has the following inventory data: alle July 1 Beginning inventory 20 units

5 Note: #5 & 6 use the same problem information: Olympus Climbers Company has the following inventory data: alle July 1 Beginning inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1.400 22 Purchases 10 units at $22 220 $2,000 A physical count of merchandise inventory on July 30 reveals that there are 32 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is Da a. $620. b. $660. C. $1,340. d. $1,380. Volteco in 008 . 22 00 CD los ohne to bolo Sono molto The amount allocated to ending inventory for July is bord GUA a. $620. b. $660. C. $640. d. $704

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