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Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? Nov. 01 Inventory 18 units at

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

Nov. 01 Inventory 18 units at $23.00
Nov. 04 Sold 10 units
Nov. 10 Purchased 28 units at $22.00
Nov. 17 Sold 18 units
Nov. 30 Purchased 22 units at $24.00

Using the perpetual LIFO system, what is the cost of the merchandise sold for November?

Select the correct answer.

$924.00

$810.00

$634.00

$626.00

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