Kizspy | Question: 48
(Choose 1 answer)
(2211)A company had inventory of 10 units at a cost of $20 each on November 1. On November 2, it purchased 10 units at $21 each. On November 6 it purchased 15 units at $25 each. On November 8, it sold 20 units for $54each. Using the LIFO perpetual inventory method, what was the cost of the 20 units sold?
A. $395.
B. $480.
C. $375.
D. $510.
Ε. $520.
