Question: using the lifo perpetual inventory method what is the value on nov 8 after the sale Units Sold at Retail Date November 1 November 2

using the lifo perpetual inventory method what is the value on

using the lifo perpetual inventory method what is the value on nov 8 after the sale

Units Sold at Retail Date November 1 November 2 November 6 November 8 Activities Beginning inventory Purchase Purchase Sales Units Acquired at Cost 5 units @ $60 = $300 10 units @ $62 = $620 6 units @ $65 = $390 8 units @ $115 Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? Multiple Choice $800

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