Question: please help, if dont know it, DO NOT do it. Question 28 (3.125 points) Listen Miller Company has the following inventory data: July 1 Beginning
please help, if dont know it, DO NOT do it.
Question 28 (3.125 points) Listen Miller Company has the following inventory data: July 1 Beginning 20 units at $19 = $380 July 7 Purchases 70 units at $20 = $1,400 July 22 Purchases 10 units at $22 = $220 Total $2,000 A physical count of merchandise inventory on July 30 reveals that there are 50 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is 1) $1,180. 2) $980. 3) $1,220. 4) $820
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