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The inventory data for an item for November are: Nov. 1 Inventory 4 Sold 10 Purchased 17 Sold 21 units at $21 8 units 27

The inventory data for an item for November are: Nov. 1 Inventory 4 Sold 10 Purchased 17 Sold 21 units at $21 8 units 27 units at $22 19 units 30 Purchased 21 units at $24 Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? a. $966 Ob. $586 Oc. $573 Od. $859

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