Business, 24.12.2019 19:31 sherlock19

The inventory data for an item for november are:

nov. 1 inventory 20 units at $19
4 sold 10 units
10 purchased 30 units at $20
17 sold 20 units
30 purchased 10 units at $21

using a perpetual system, what is the cost of the merchandise sold for november if the company uses lifo?

$610
$600
$590
$580

Answers: 1

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The inventory data for an item for november are:

nov. 1 inventory 20 units at $19
...