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The inventory data for an item for November are: Nov. 1 Inventory 20 units at $24 4 Sold 8 units 10 Purchased 29 units at

The inventory data for an item for November are:

Nov. 1 Inventory 20 units at $24
4 Sold 8 units
10 Purchased 29 units at $22
17 Sold 23 units
30 Purchased 23 units at $22

Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO?

a.$722

b.$902

c.$986

d.$698

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