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The inventory data for an item for November are: Nov. 1 Inventory 20 units at $25 4 Sale 8 units 10 Purchase 25 units at

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The inventory data for an item for November are: Nov. 1 Inventory 20 units at $25 4 Sale 8 units 10 Purchase 25 units at $26 17 Sale 22 units 30 Purchase 22 units at $27 Using a perpetual system, what is the cost of merchandise sold for November if the company uses LIFO? Oa. $1,072 Ob. $984 Oc. 5760 Od. 5772 N

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