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A company had the following purchases during its first year of operations: January: February: May: September: November: Purchases 25 units at $114 35 units at
A company had the following purchases during its first year of operations: January: February: May: September: November: Purchases 25 units at $114 35 units at $125 30 units at $137 27 units at $145 25 units at $155 On December 31, there were 43 units remaining in ending Inventory. These 43 units consisted of 7 from January, 8 from February, 12 from May, 6 from September, and 10 from November. Using the specific identification method, what is the cost of the ending inventory? Multiple Choice $5,862. O $6,017. $4,847 O $5.707. O $4,862
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