Question $25$

$2$ pts

A company had the following purchases and sales during the month of November:

Date Activities Units Acquired at Cost Units Sold at Retail

November $1$ Beginning inventory $5$ units @ $$58=$$$290$

November $2$ Purchase

$10$ units @ $$60=$$$600$

November $6$ Purchase

$6$ units@$$63$ @$$378$

November $8$ Sales

$8$ units @ $$112$

Using the LIFO perpetual inventory method, what was the value of the inventory on November $8$ after the sale?

$$790$

$$770$

$$874$

$$782$

$$774$