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The inventory data for an item for November are: Nov. 1 Inventory 21 units at $18 4 Sold 8 units 10 Purchased 34 units at
The inventory data for an item for November are: Nov. 1 Inventory 21 units at $18 4 Sold 8 units 10 Purchased 34 units at $20 17 Sold 21 units 30 Purchased 23 units at $24 Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? Oa. $1,072 Ob. $798 Oc. $564 Od. $538
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