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Question Content Area The inventory data for an item for November are: Nov. 1 Inventory 25 units at $18 4 Sold 9 units 10 Purchased
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The inventory data for an item for November are:
Nov. 1 Inventory 25 units at $18 4 Sold 9 units 10 Purchased 33 units at $22 17 Sold 21 units 30 Purchased 21 units at $22 Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO?
a.$912
b.$560
c.$1,078
d.$624
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