Question: Question 16 4 pts The Automated Box Company sells gluten-free boxes. The following was taken from the inventory records during June Units per unit Beginning

Question 16 4 pts The Automated Box Company sells gluten-free boxes. The following was taken from the inventory records during June Units per unit Beginning Inventory 250 6 Purchased on June 10 220 7 Purchased on June 17 280 8 Purchased on June 22 700 12 Sold 1200 units and ending inventory 350 units ending inventory Assuming that the company uses the perpetual inventory system, determine the cost of goods sold for the month of June using the LIFO inventory cost method. $8.280 $10.780 $2.900 $5,400 Question 16 4 pts The Automated Box Company sells gluten-free boxes. The following was taken from the inventory records during June Units per unit Beginning Inventory 250 6 Purchased on June 10 220 7 Purchased on June 17 280 8 Purchased on June 22 700 12 Sold 1200 units and ending inventory 350 units ending inventory Assuming that the company uses the perpetual inventory system, determine the cost of goods sold for the month of June using the LIFO inventory cost method. $8.280 $10.780 $2.900 $5,400

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