Question: Picasso's Paints had the following inventory data: Date Quantity Unit Cost July 1 Beginning inventory July 4 Purchase July 7 Sale July 11 Purchase July

Picasso's Paints had the following inventory data: Date Quantity Unit Cost July 1 Beginning inventory July 4 Purchase July 7 Sale July 11 Purchase July 14 Sale Assuming FIFO, what is the cost of goods sold for the July 7 sale? Question content area bottom Part 1 A.$ 624 B.$ 600 C.$ 630 D.$ 621

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