Question: W Beginning inventory @ May 1 The inventory records for Radford Company reflected the following: 1,400 units @ $4.40 First purchase @ May 7 1,500
W Beginning inventory @ May 1 The inventory records for Radford Company reflected the following: 1,400 units @ $4.40 First purchase @ May 7 1,500 units @ $4.60 Second purchase May 17 1,700 units @ $4.70 Third purchase @ May 23 1,300 units @ $4.80 51 Sales May 31 4,500 units @ $6.30 What is the amount of cost of goods sold assuming the LIFO cost flow method? Multiple Choice $21,130 $20,700 $21,600 < Prev 15 of 30 Next >
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