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A company's inventory records report the following in November of the current year: Units Sold at Retail Date Activities November 1 Beginning inventory November 2

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A company's inventory records report the following in November of the current year: Units Sold at Retail Date Activities November 1 Beginning inventory November 2 Purchase November 8 Sales November 12 Purchase Units Acquired at Cost 5 units @ $58 $290 10 units @ $60 = $600 12 units @ $92 6 units @ $63 = $378 Using the LIFO perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 12 units sold

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