Question: Caesar & Co. had the following inventory data: QuantityUnit Cost Date July 1 July 4 July 7 July 11 July 14 $50 $56 Beginning inventory

Caesar & Co. had the following inventory data: QuantityUnit Cost Date

Caesar & Co. had the following inventory data: QuantityUnit Cost Date July 1 July 4 July 7 July 11 July 14 $50 $56 Beginning inventory Purchase Sale Purchase Sale 10 12 $58 Assuming LIFO, what is the cost of goods sold for the July 14 sale? OA. $458 B. $522 O C. $464 O D. $448

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