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1 8 - 1 . Using the specific identification method, calculate ( a ) the cost of ending inventory and ( b ) the cost

18-1. Using the specific identification method, calculate (a) the cost of ending inventory and (b) the cost of goods sold given the following: LU18-1(2)
\table[[Date,Units purchased,Cost per unit,Ending inventory],[June 1,15 Echo Show's 360,$275,2 Echo Show's from June],[July 1,45 Echo Show's 360,250,15 Echo Show's from July],[August 1,60 Echo Show's 360,240,12 Echo Show's from August]]
From the following, calculate the (a) cost of ending inventory (round the average unit cost to the nearest cent) and (b) cost of goods sold using the weighted-average method, FIFO, and LIFO (ending inventory shows 61 units).LU18-1(2)
January 1 inventory
April 1
June 1
November 1
Number purchased 40
60
50
55
\table[[Cost per,Total],[unit,$160
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