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The inventory data for an item for November are: Nov. 1 Inventory 22 units at $20 4 Sold 10 units 26 units at $19 20
The inventory data for an item for November are: Nov. 1 Inventory 22 units at $20 4 Sold 10 units 26 units at $19 20 units 22 units at $25 10 Purchased 17 Sold 30 Purchased Using a perpetual system, what is the cost of goods sold for November if the company uses LIFO? O a. $892 O b. $580 O c. $820 O d. $592
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