Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? Nov. 01 Inventory 21 units at $24.00 Nov. 04 Sold 11 units Nov. 10 Purchased 34 units at $22.00 Nov. 17 Sold 15 units Nov. 30 Purchased 24 units at $20.00 Using the perpetual LIFO system, what is the cost of the merchandise sold for November? Select the correct answer. a-$1,118.00 b-$614.00 c-$594.00 d-$834.00

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A: Formulas:

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