The inventory data for an item for November are Nov 1 Inventory 25 units at $24 4 Sold 9 units 10 Purchased 29 units at $20 17 Sold 18 units 30 Purchased 24 units at $23 Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO

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The inventory data for an item for November are: Nov. 1 Inventory 25 units at $24 4 Sold 9 units 10 Purchased 29 units at

The inventory data for an item for November are:

Nov. 1	Inventory	25 units at $24
4	Sold	9 units
10	Purchased	29 units at $20
17	Sold	18 units
30	Purchased	24 units at $23

Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO?

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