Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? Nov. 01 Inventory 16 units at $25.00 Nov. 04 Sold 8 units Nov. 10 Purchased 31 units at $19.00 Nov. 17 Sold 20 units Nov. 30 Purchased 21 units at $20.00 Using the perpetual LIFO system, what is the cost of the merchandise sold for November? Select the correct answer. $781.00 $780.00 $628.00 $580.00