A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2, they purchased 10 units at $22 each. On November 6, they purchased 6 units at $25 each. On November 8, 10 units were sold for $55 each. Using the LIFO perpetual inventory method, what was the cost of goods sold on November 8 after the sale? a) $232 b) $304 Oc) $296 Od) $276 O e) $238 A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2, they purchased 10 units at $22 each. On November 6, they purchased 6 units at $25 each. On November 8, 10 units were sold for $55 each. Using the FIFO perpetual inventory method, what is the ending inventory on November 8 from the sale? a) $210 Ob) $276 c) $260 Od) $304 e) $296