Question Completion Status: Moving to another question will save this response. Question 8 The following information is available for Jones Company: Beginning inventory Purchase on March 15 Purchase on March 18 Purchase on March 21 Totals Units 8,000 3,000 5.000 4.000 20.000 Cost per Unit Total Costs $1.00 $ 8.000 3.00 9,000 4.00 20,000 6.00 240.00 $61,000 If Jones Co. uses the LIFO cost flow method, and has sold 11,000 units and ended the month with 9,000 units in inventory, the amount of cost of goods sold will be $50,000 $11,000 $17,000 $44,000 Moving to another question will save this response co esc