Question: Question 7 Using the data set below for Braun Company, what is the cost of goods sold for January 2020 if LIFO perpetual is used?

Question 7 Using the data set below for Braun Company, what is the cost of goods sold for January 2020 if LIFO perpetual is used? Date Event 1-Jan Beginning inventory 8-Jan Purchase 12 Jan Sales (sold for 510 each) 15-Jan Purchase Quantity Cost 2,000 $ 1,200 3 1,800 300 O A $1,200 On $5,400 C. $4,200 0.54,600

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