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The inventory data for an item for November are: Nov. 1 Inventory 17 units at $22 4 Sale 9 units 10 Purchase 28 units

The inventory data for an item for November are: Nov. 1 Inventory 17 units at $22 4 Sale 9 units 10 Purchase 28 units at $24 17 Sale 25 units 30 Purchase 21 units at $25 Using a perpetual system, what is the cost of merchandise sold for November if the company uses LIFO? a. $782 b. $789 c. $974 Od. $798

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