Question: QUESTION 2 The inventory data for an item for November are: 20 units at $19 Nov. 1 Inventory 4 Sold 10 Purchased 17 Sold

QUESTION 2 The inventory data for an item for November are: 20

QUESTION 2 The inventory data for an item for November are: 20 units at $19 Nov. 1 Inventory 4 Sold 10 Purchased 17 Sold 30 Purchased 10 units 30 units at $20 D 20 units 10 units at $21 Using a perpetual system, what is the cost of goods sold for November if the company uses LIFO? a. $590 Ob. $600 O c. $580 Od. $610

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