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The inventory data for an item for November are: 23 units at $25 Nov. 1 Inventory 4 Sold 10 units 10 Purchased 27 units at

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The inventory data for an item for November are: 23 units at $25 Nov. 1 Inventory 4 Sold 10 units 10 Purchased 27 units at $21 22 units 17 Sold 30 Purchased 25 units at $21 Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? a. $903 b. $712 c. $764 d. $1,037

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