Multiple Choice Question 184 Concord has the following inventory data: July 1 Beginning inventory 24 units at $48 5 Purchases 144 units at $45 14 Sale 96 units 21 Purchases 72 units at $46 30 Sale 67 units Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July? O $7414 O $7402 $7354 $7498 Click if you would like to Show Work for this question: Oren Show Work Question Attempts: 0 of 1 used