The inventory data for an item for November are: 
Using a perpetual system, what is the cost of the merchandise sold for November if the company uses FIFO?
Definitions:
Mill
Refers to John Stuart Mill, a British philosopher and economist best known for his contributions to the philosophy of Utilitarianism and liberty.
Autonomy
The capacity of individuals to make informed, uncoerced decisions about their own lives and actions.
Duty
A moral or legal obligation to perform or refrain from performing some action, often derived from one's role, position, or circumstances.
Happiness
A state of well-being and contentment, often considered as an aim in life and a factor in evaluating the quality of life.
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