Question: The inventory data for an item for November are: Date Line Item Description Units and Cost Nov. 1 Inventory 15 units at $22 4 Sold

The inventory data for an item for November are:

Date Line Item Description Units and Cost
Nov. 1 Inventory 15 units at $22
4 Sold 8 units
10 Purchased 31 units at $21
17 Sold 19 units
30 Purchased 25 units at $24

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

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