A company had the following purchases and sales during the month of November: Date November 1 November 2 November 6 November 8 Multiple Choice $556 $540 Activities $536 Beginning inventory Purchase Purchase Sales Units Acquired at Cost 5 units @ $40 = $200 10 units @ $42 $420 6 units @ $45 $270 Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? =

A company had the following purchases and sales during the month of November: Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? Muitiple Choice $556 $540 $536