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A company had the following purchases during its first year of operations: January: February: May: September: November: Purchases 15 units at $125 25 units at

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A company had the following purchases during its first year of operations: January: February: May: September: November: Purchases 15 units at $125 25 units at $135 20 units at $145 17 units at $155 15 units at $165 On December 31, there were 51 units remaining in ending inventory. These 51 units consisted of 7 from January, 9 from February 11 from May, 9 from September, and 15 from November. Using the specific identification method, what is the cost of the ending Inventory? Multiple Choice

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