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The inventory data for an item for November are: Nov. 01 Inventory 25 units at $25 04 Sale 11 units 32 units at $26 10

The inventory data for an item for November are: Nov. 01 Inventory 25 units at $25 04 Sale 11 units 32 units at $26 10 Purchase 17 Sale 25 units 30 Purchase 23 units at $27 Using a perpetual system, what is the cost of merchandise sold for November if the company uses LIFO? Oa. $925 Ob. $1,167 c. $1,275 Od. $911

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