Question: Tamarisk, Inc. has the following inventory data: July 1 Beginning Inventory 42 units at $21 $882 7 Purchases 146 units at $22 3212 22 Purchases

Tamarisk, Inc. has the following inventory data: July 1 Beginning Inventory 42 units at $21 $882 7 Purchases 146 units at $22 3212 22 Purchases 21 units at $23 483 $4577 A physical count of merchandise inventory on July 30 reveals that there are 52 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is a.$3412. b.$3381. c.$3475. d.$3308.

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