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Q9 Beginning inventory, purchases, and sales for Item MMM8 are as follows: November 1 Inventory 107 units @ $15 November 9 Sale 96 units November

Beginning inventory, purchases, and sales for Item MMM8 are as follows:

November 1 Inventory 107 units @ $15

November 9 Sale 96 units

November 16 Purchase 127 units @ $1

November 25 Sale 84 units

Assuming a perpetual inventory system and using the Last-in, first-out (LIFO) method, determine the inventory value on November 30.

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