Question: The inventory data for an item for November are: Date Line Item Description Units and Cost Nov. 1 Inventory 15 units at $25 4 Sold

The inventory data for an item for November are: Date Line Item Description Units and Cost Nov. 1 Inventory 15 units at $25 4 Sold 8 units 10 Purchased 31 units at $19 17 Sold 23 units 30 Purchased 23 units at $25 Using a perpetual system, what is the cost of goods sold for November if the company uses LIFO?

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