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The inventory data for an item for November are: Nov. 1 Inventory 20 units at $20 4 Sale 10 units 10 Purchase 30 units at

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The inventory data for an item for November are: Nov. 1 Inventory 20 units at $20 4 Sale 10 units 10 Purchase 30 units at $22 17 Sale 20 units 30 Purchase 10 units at $24 Using a perpetual system, what is the cost of merchandise sold for November if the company uses LIFO? a. 5640 b.$590 C. 8610 d. $600

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