Question: Illusion, Inc. had the following inventory data: Quantity Unit Cost $54 $57 Date July 1 July 4 July 7 July 11 July 14 Beginning inventory
Illusion, Inc. had the following inventory data: Quantity Unit Cost $54 $57 Date July 1 July 4 July 7 July 11 July 14 Beginning inventory Purchase Sale Purchase Sale $55 Assuming LIFO, what is the cost of goods sold for the July 7 sale? (Round your final answer to the nearest dollar.) O A. $684 O B. $672 O C. $669 OD. $678
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