Question
A company had the following purchases during the month of January: January 5 10 units @ $12 January 10 20 units @ $13 January 15
A company had the following purchases during the month of January:
| January 5 | 10 units @ $12 |
| January 10 | 20 units @ $13 |
| January 15 | 15 units @ $14 |
| January 25 | 12 units @ $15 |
During January the company sold all the Jan 5 units, 10 of the Jan 10 units and all the Jan 15 units.
Using the specific identification method, the cost of the 22 units in ending inventory is $
(I dont need an explanation just answer)
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International Auditing Standards In The United States Comparing And Understanding Standards For ISA And PCAOB
Authors: Asokan Anandarajan, Gary Kleinman
2nd Edition
1953349323, 9781953349323
