A company had the following purchases during the current year: January: 20 units at $119...
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Accounting
A company had the following purchases during the current year: January: 20 units at $119 February: 30 units at $140 May: 25 units at $150 September: 22 units at $160 November: 20 units at $170 On December 31, there were 59 units remaining in ending inventory. These 59 units consisted of 12 from January, 14 from February, 7 from May, 14 from September, and 12 from November. Using the specific identification method, what is the cost of the ending inventory?
$6,798.
$6,758
. $8,888
. $8,548.
$8,718.
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