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6.1 U-Save Automotive Group purchased 10 vehicles during the current month. Two trucks were purchased for $20,000 each, two suvs were purchased for $31,000 each,
6.1
U-Save Automotive Group purchased 10 vehicles during the current month. Two trucks were purchased for $20,000 each, two suvs were purchased for $31,000 each, and six hybrid cars were purchased for $27,000 each. A review of the sales invoices revealed that five of the hybrid cars were sold and both trucks were sold. What is th cost of U-Save's ending inventory if it uses the specific identification method? 3. 589,000 b. $129,000 c. $135,000 d. $175,000 Step by Step Solution
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