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The inventory data for an item for November are: Sold Nov. 1 Inventory 21 units at $18 10 units 10 Purchased 26 units at $20

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The inventory data for an item for November are: Sold Nov. 1 Inventory 21 units at $18 10 units 10 Purchased 26 units at $20 17 Sold 21 units 30 Purchased 22 units at $24 Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? Ca. $798 b. $578 c. $600 d. $548

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