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The inventory data for an item for November are: Nov. 01 Inventory 22 units at $24 04 Sold 11 units 10 Purchased 32 units at
The inventory data for an item for November are: Nov. 01 Inventory 22 units at $24 04 Sold 11 units 10 Purchased 32 units at $19 17 Sold 24 units 30 Purchased 25 units at $25 Using a perpetual system, what is the cost of the merchandise sold for November if the company uses LIFO? $720 $984 $986 $775
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