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CT 1100 A company had inventory on November 1 of 5 units at a cost of $21 each. On November 2, they purchased 11 units

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CT 1100 A company had inventory on November 1 of 5 units at a cost of $21 each. On November 2, they purchased 11 units at $23 each. On November 6 they purchased 7 units at $26 each. On November 8, 10 units were sold for $56 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? Multiple Choice $310 $289 $290 $300 Next > 10 of 40 K Prev

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