A company had the following purchases during its first year of operations: Purchases January:18 units at $128 February:28 units at $138 May:23 units at $148 September:20 units at $158 November:18 units at $168 On December 31, there were 58 units remaining in ending inventory. These 58 units consisted of 10 from January, 12 from February, 14 from May, 12 from September, and 10 from November. Using the specific identification method, what is the cost of the ending inventory?
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A company had the following purchases during its first year of operations: Purchases January:18 unit...
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