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A canoe company specializes in creating handcrafted canoes using only the finest materials. Only three canoes are offered, canoe A, canoe B, and canoe C,

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A canoe company specializes in creating handcrafted canoes using only the finest materials. Only three canoes are offered, canoe A, canoe B, and canoe C, which cost $1,200, $1,500, and $2,100, respectively. Each canoe also comes as a kit and costs $425, $575, and $775, respectively. Custom paddles are available and cost $40 and $75, for medium and large sizes. The beginning inventory on April 1 is canoe A-1 canoe/2 kits, canoe B-2 canoes/2 kits, canoe C-o canoes/3 kits, and paddles-6 medium/6 large. The ending inventory on June 30 is canoe A-2 canoes/1 kit, canoe B-1 canoel2 kits, canoe C-o canoes/1 kit, and paddles 6 medium/4 large. The table is a summary of inventory purchased by the retail outlet during the past three months (April through June). Use the information to answer question parts 1 through 3. B Click the icon to view the summary of inventory purchased by the retail outlet. 1. Find the cost of goods sold using the specific identification inventory method The cost of goods sold using the specific identification inventory method is i Data Table Units Item Date of Purchase April 5 May 1 -NV - NWWWW Canoe A Canoe B Canoe C Canoe A kit Canoe B kit Canoe C kit Paddle medium Paddle large Canoe B kit Canoe C kit Cost per unit $1,200 $1,500 $2,100 $425 $575 $775 $40 $75 $575 $775 June 10 Print Done

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