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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 Nov. 04 Sold

image text in transcribed Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? Nov. 01 Inventory Nov. 04 Sold Nov. 10 Purchased Nov. 17 Sold Nov. 30 Purchased 22 units at $19.00 11 units 29 units at $21.00 24 units 24 units at $24.00 Using the perpetual LIFO system, what is the cost of the merchandise sold for November? Select the correct answer. $713.00 $922.00 $912.00 $691.00

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