[Solved] The inventory data for an item for Novemb

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The inventory data for an item for November are: Nov. 1Inventory18 units at $244Sold9 units10Purchased31 units at $1917Sold16 units30Purchased25 units at $23 Using a perpetual

The inventory data for an item for November are:

Nov. 1Inventory18 units at $244Sold9 units10Purchased31 units at $1917Sold16 units30Purchased25 units at $23

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

a.$565

b.$1,031

c.$736

d.$520

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