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2 A company had Inventory on November 1 of 5 units at a cost of $14 each. On November 2, they purchased 15 units
2 A company had Inventory on November 1 of 5 units at a cost of $14 each. On November 2, they purchased 15 units at $16 each. On November 6 they purchased 11 units at $19 each. On November 8, 13 units were sold for $49 each. Using the LIFO perpetual Inventory method, what was the value of the inventory on November 8 after the sale? 00:48:45 Multiple Choice $266 $278 $279 $321
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