Question: Caesar & Co. had the following inventory data: Date Quantity July 1 5 July 4 July 7 July 11 July 14 Assuming LIFO, what

Caesar & Co. had the following inventory data: Date Quantity July 1

Caesar & Co. had the following inventory data: Date Quantity July 1 5 July 4 July 7 July 11 July 14 Assuming LIFO, what is the cost of goods sold for the July 14 sale? Beginning inventory Purchase Sale Purchase Sale 10 12 9 8 Unit Cost $51 $55 $56

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