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Beginning inventory, purchases, and sales for Item MMMS are as follows: November 1 Inventory 104 15 9 Sale 95 16 Purchase 130 23 25 Sale

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Beginning inventory, purchases, and sales for Item MMMS are as follows: November 1 Inventory 104 15 9 Sale 95 16 Purchase 130 23 25 Sale 77 Assuming a perpetual inventory system and using the Last-in, first-out (LIFO) method, determine the cost of Goods Sold in November. Beginning inventory, purchases, and sales for Item MMMS are as follows: November 1 Inventory 104 15 9 Sale 95 16 Purchase 130 23 25 Sale 77 Assuming a perpetual inventory system and using the Last-in, first-out (LIFO) method, determine the cost of Goods Sold in November

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