Which of the following lifestyle changes is most strongly re…

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Inventоry infоrmаtiоn for Pаrt 311 of Bonds Corp. discloses the following informаtion for the month of June: June 1 Beginning balance 1,200 units @ $1.00 June 10 Sold 700 units @ $2.40 June 11 Purchased 750 units @ $2.00 June 15 Sold 450 units @ $2.50 June 20 Purchased 450 units @ $3.00 June 27 Sold 500 units @ $2.70 Instructions Assuming the company tracks its inventory using a perpetual inventory system, compute the cost of goods sold and ending inventory under LIFO.