Acme-Jones Corporation Uses a LIFO Perpetual Inventory System

Multiple Choice

Acme-Jones Corporation uses a LIFO perpetual inventory system. August 2, 25 units were purchased at $12 per unit.
August 5, 10 units were purchased at $13 per unit.
August 15, 12 units were sold at $25 per unit.
August 18, 15 units were purchased at $14 per unit.
What was the amount of the cost of goods sold?

A) $184.53
B) $163.00
C) $174.43
D) $154.00
E) $144.00