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Metlocks has the following inventory data: Nov. 1 Inventory 27 units @ $5.40 each 8 Purchase 108 units @ $5.80 each 17 Purchase 54 units

Metlocks has the following inventory data:

Nov. 1 Inventory 27 units @ $5.40 each
8 Purchase 108 units @ $5.80 each
17 Purchase 54 units @ $5.65 each
25 Purchase 81 units @ $5.90 each

A physical count of merchandise inventory on November 30 reveals that there are 90 units on hand. Cost of goods sold under LIFO is

$529.

$1026.

$511.

$1044.

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