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The following inventory information for ABC Company is given for the month of November: November...

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Accounting

The following inventory information for ABC Company is given for the month of November: November 1 Beginning inventory 740 units @ $2.20 cost per unit November 7 Purchased 400 units @ $6.64 cost per unit November 15 Sold 500 units November 19 Purchased 200 units @ $5.14 cost per unit November 28 Sold 600 units November 30 Purchased 700 units @ $8.00 cost per unit Calculate the dollar amount of ending inventory shown on ABC Company's November 30 balance sheet using the LIFO method.

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