) A company's inventory records indicate the following data for the month of April: Units Acquired at Cost 830 units @ $36 = $29,880 710 units @ $40 = $28,400 Date April 1 April 7 April 11 April 16 April 22 Activities Beginning inventory Purchase Sale Purchase Sale 630 units @ $44 = $27,720 Units Sold at Retail 1,260 units @ $110 400 units @ $110 The company uses a periodic inventory system. Determine the cost assigned to ending inventory and cost of goods sold using the specific identification method. Ending inventory consists of 330 units from the April 16 purchase, 80 units from the April 7 purchase, and 100 units from beginning inventory.

A company's inventory records indicate the following data for the month of April: The company uses a periodic inventory system. Determine the cost assigned to ending inventory and cost of goods sold using the specific identification method. Ending inventory consists of 330 units from the April 16 purchase, 80 units from the April 7 purchase, and 100 units from beginning inventory