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Julian Junkets has the following inventory information July 1 Beginning Inventory 15 units at $90...

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Accounting

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Julian Junkets has the following inventory information July 1 Beginning Inventory 15 units at $90 5 Purchases 90 units at $84 14 Sale 60 units 21 Purchases 45 units at $87 30 Sale 42 units Assuming that a perpetual inventory system is used, what is the cost of goods sold on FIFO basis? a. $4,131 O b. $4,167 O c. $8,658 O d. $4,104

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