A company had inventory on November 1 of 5 units at a cost of $23 each. On November 2, they purchased 13 units at $25 each. On November 6 they purchased 9 units at $28 each. On November 8, 10 units were sold for $58 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale?

Multiple Choice

$438 

$418 

$415 

$428 

$427

Answer rating: 100% (QA)

correct answer is C415 C415 the following table shows the ca... View the full answer