Question: Question Content Area The inventory data for an item for November are: Date Line Item Description Units and Cost Nov. 1 Inventory 19 units at

Question Content Area

The inventory data for an item for November are:

Date Line Item Description Units and Cost
Nov. 1 Inventory 19 units at $23
4 Sold 9 units
10 Purchased 32 units at $21
17 Sold 25 units
30 Purchased 23 units at $21

Using a perpetual system, what is the cost of goods sold for November if the company uses LIFO?

a. $962

b. $732

c. $752

d. $840

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