Marigold Corporation began operations on December 1,2022. The only inventory transaction in 2022 was the...

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Accounting

Marigold Corporation began operations on December 1,2022. The only inventory transaction in 2022 was the purchase of inventory
on December 10,2022, at a cost of $20 per unit. None of this inventory was sold in 2022. Relevant information for fiscal 2023 is as
follows:
Ending inventory units:
Dec. 31,2022
120
Dec. 31,2023, by purchase date
Dec. 2,2023
120
July 20,2023
31,151
During 2023, the following purchases and sales were made:
The company uses the periodic inventory method.
(a1)
X Your answer is incorrect.
Determine ending inventory under specific identification.
Ending inventory
eTextbook and Media
Attempts: 6 of 15 used
(a2)
The parts of this question must be completed in order. This part will be available when you complete the part above.
(a3)
The parts of this question must be completed in order. This part will be available when you complete the part above.
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