Activities A company had the following purchases and sales during the month of November: Date November 1 Beginning inventory November 2 Purchase November 6 November 8 Purchase Sales Units Acquired at Cost 5 units @ $22 = $110 10 units $24 = $240 6 units @ $27 = $162 Units Sold at Retail 8 units @ $58 Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? Multiple Choice $314 $322 $302