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TB MC Qu. 06-108 (Algo) A company had the following... A company had the following purchases and sales during the month of November: Date:

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TB MC Qu. 06-108 (Algo) A company had the following... A company had the following purchases and sales during the month of November: Date: Activities Beginning inventory November 1 November 2 Purchase November 6 Purchase November B Sales Units Acquired at Cost 5 units @ $46 - $230 10 units @ $48 $480 6 units $51 - $306 Units Sold at Retail 8 units $94 Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? Multiple Choice $618

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