A company's inventory records report the following in November of the current year: 
On November 8,it sold 12 units for $54 each.
-Using the LIFO perpetual inventory method,what was the amount recorded in the cost of goods sold account for the 12 units sold?
Definitions:
Dry Cleaners
A business that cleans clothing, textiles, and garments using a chemical solvent rather than water, often for items that cannot withstand the rigors of standard home laundering.
Computer-Integrated Manufacturing
A system of manufacturing in which all the processes are controlled by computers, resulting in reduced manual intervention and increased efficiency.
Flexible Manufacturing
An approach to production that allows for a range of products to be efficiently produced in varying volumes, adapting to market demands with flexibility in operations.
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