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A company's inventory records indicate the following data for the month of April Unita Sold at Retail Units Acquired at Cost 850 units @ $36

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A company's inventory records indicate the following data for the month of April Unita Sold at Retail Units Acquired at Cost 850 units @ $36 - $30,600 730 units @ $40 - $29,200 Date April 1 April 7 April 11 April 16 April 22 April 29 Activities Beginning inventory Purchase Sale Purchase Sale Purchase 650 units @ $44 - $28,600 1,300 units e $110 400 units e $110 630 units e$50 - $31,500 The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 400 units from the April 29 purchase, 350 units from the April 16 purchase, 360 units from the April 7 purchase, and 100 units from beginning inventory hoice $60,980 $65,020 B ww Multiple Choice $60.000 365,020 $92,250 585.480 $53.400 Next

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