Question: number 15 QUESTION 15 The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sold 10 units 10

number 15

QUESTION 15 The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sold 10 units 10 Purchased 30 units at $20 17 Sold 20 units 30 Purchased 10 units at $21 Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? a. $590 b. $610 c. $600 d. $580

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