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The inventory data for an item for November are: Nov. 1 Inventory 4 Sold 10 Purchased 17 Sold 23 units 30 Purchased 24 units at

The inventory data for an item for November are: Nov. 1 Inventory 4 Sold 10 Purchased 17 Sold 23 units 30 Purchased 24 units at $23 Using a perpetual system, what is the cost of goods sold for November if the company uses LIFO? a. $667 b. $972 Oc. $691 d. $943 20 units at $23 8 units 31 units at $21

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