16. Of the four inventory methods FIFO, LIFO, Average Cost and Specific Identification -- which method means the "the individual items that are in ending inventory can be identified specifically"? A. FIFO CB.LIFO C C C C. Average Cost D . Specific Identification 17. Co. G has the following units of beginning inventory and purchases for the year: beginning inventory 100 units at $30 each, a 2/28 Purchase 200 units at $40 each and a 6/15 purchase of 200 units at $50 each and a 12/15 purchase of 100 units at $70 each. Using the FIFO method, if the ending inventory is 200 units, what is the cost of the ending inventory? A . 14.000 B. 12,000 C. 7.000 D. 6,000 E. None of the above 18. Co C has the following units of beginning inventory and purchases for the year: beginning inventory 300 units at $20 each and a 2/28 Purchase 300 units at $40 each. Using the FIFO method, if the ending inventory is 200 units, what is the cost of the ending inventory? A. 12,000 B. 8.000 C. 6.000 D.4,000 E. None of the above C 19. Co D. Using the specific identification method, the following units make up the total of 400 units in ending inventory: 1/1 Beginning inventory of 200 units at $10 each, a purchase 2/28 of 200 units at $20 each and a purchase 6/15 of 100 units at 30 each. What is the total cost of the ending inventory? C C A. 9.000 B. 8,000 . 6.000 D. 4,000 E. None of the above 20. Co. B. Using the specific identification method, the following units make up the total of 400 units in ending inventory: 1/1 Beginning inventory of 100 units at $10 each, a purchase 2/28 of 200 units at $20 each and a purchase 6/15 of 100 units at 30 each. What is the total cost of the ending inventory? A. 9,000 B. 8,000 C. 6,000 D. 4,000 E. None of the above