A company's inventory records report the following in November of the current year: BeginningNovember 16 units @ $9PurchaseNovember 212 units @ $11PurchaseNovember 128 units @ $13 On November 8, it sold 14 units for $39 each. Using the LIFO perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 14 units sold?
A. $150
B. $198
C. $170
D. $290
E. $242
Answer: A
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