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A company had inventory on November 1 of 15 units at a cost of $19 each. On November 2, they purchased 20 units at $20
A company had inventory on November 1 of 15 units at a cost of $19 each. On November 2, they purchased 20 units at $20 each. On November 6, they purchased 16 units at $22 each. On November 8, 18 units were sold for $31 each. Using the LIFO perpetual Inventory method, what was the value of the inventory on November 8 after the sale? $684 $660 $662 $627 $645
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