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A company had the following purchases during the current year: January: 30 units at $109 February: 40 units at $120 May: 35 units at
A company had the following purchases during the current year: January: 30 units at $109 February: 40 units at $120 May: 35 units at $132 September: 32 units at $140 November: 30 units at $150 On December 31, there were 59 units remaining in ending inventory. These 59 units consisted of 12 from January, 13 from February, 8 from May, 11 from September, and 15 from November. Using the specific identification method, what is the cost of the ending inventory?
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