A company had inventory on november 1 of 5 units at a cost, Financial Accounting

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A company had inventory on november 1 of 5 units at a cost

A company had inventory on November 1, of 5 units at a cost of $10 each. OnNovember 2, they purchased 19 units at $12 each. On November 6, they purchased15 units at $15 each. On November 8, 17 units were sold for $45 each. Using theLIFO perpetual inventory method, what was the value of the inventory onNovember 8 after the sale?

a. $254

b. $230

c. $247

d. $264

e. $309

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Financial Accounting: A company had inventory on november 1 of 5 units at a cost

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Financial Accounting: A company had inventory on november 1 of 5 units at a cost

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