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If annes bakery uses a perpetual inventory system and a

Question -

Date Transaction Amount

March 1 Opening inventory 550 items @ $26/item

March 8 Purchases 1,000 items @ $28/item

March 19 Sales1,200 units @ $40/item

March 28 Purchases750 units @ $30/item

If Anne's Bakery uses a perpetual inventory system and a LIFO cost flow assumption, what is the cost of goods sold for the month of March?

$32,500

$32,550

$33,200

$35,100

$31,200

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Accounting Basics: If annes bakery uses a perpetual inventory system and a

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Accounting Basics: If annes bakery uses a perpetual inventory system and a

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