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A company had inventory on November 1 of 24 units at a cost of $28 each. On November 2, they purchased 29 units at $29

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A company had inventory on November 1 of 24 units at a cost of $28 each. On November 2, they purchased 29 units at $29 each. On November 6 , they purchased 25 units at $31 each. On November 8,27 units were sold for $40 each. Using the FIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? Multiple Choice $1,481 $1,529 $1,455 $1,479 $1,428

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