Question: A company had the following purchases and sales during the month of November:\table[[Date,Activities,Units Acquired at Cost,Units Sold at Retail],[November 1,Beginning inventory,5 units @ $22=$110,],[November 2,Purchase,10 units @ $24=$240,],[November 6,Purchase,6 units @ $27=$162,8 units @ $58

A company had the following purchases and sales during the month of November:$\backslash$table$[[$Date$,$Activities,Units Acquired at Cost,Units Sold at Retail$],[$November $1,$Beginning inventory,$5$ units @ $$22=$$$110,],[$November $2,$Purchase,$10$ units @ $$24=$$$240,],[$November $6,$Purchase,$6$ units @ $$27=$$$162,8$ units @ $$58$

 

A company had the following purchases and sales during the month of November: Date November 1 November 2 Activities Beginning inventory Purchase November 6 November 8 Purchase Units Acquired at Cost 5 units @ $22 = $110 10 units @ $24 = $240 6 units @ $27 = $162 Units Sold at Retail Sales 8 units @ $58 Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? Multiple Choice $302 $334 $306 $322 Cop