Question: 2. The inventory data for an item for November are as follows: Nov. 1 Inventory 25 units at $20 each 10 Purchase 30 units at

2. The inventory data for an item for November are as follows: Nov. 1 Inventory 25 units at $20 each 10 Purchase 30 units at $21 each 30 Purchase 10 units at $22 each Sale 35 units Using the first-in, first-out method, what is the cost of the merchandise inventory recorded on November 30? a. $640 b. $605 c. $630 d. $660 E

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