A jewelry store has the following watches in stock: 30 Seiko watches at a cost...
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Accounting
A jewelry store has the following watches in stock: 30 Seiko watches at a cost of $200 from supplier #1 and 40 units of a similar model Seiko from supplier #2 at a cost of $220 each. Using the specific identification method, what would ending inventory be if 10 watches from the supplier #1 were sold and 15 watches from supplier #2 were sold?
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