A company's inventory records indicate the following data for the month of April: Units Acquired at Cost 780 units @ $36= $28,080 660 units @ $40 = $26,400 Date April 1 Beginning inventory April 7 Purchase Sale April 11 Purchase Sale April 16 April 22 Multiple Choice O O $23,480. Activities 400 units @ $110 The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 280 units from the April 16 purchase, 80 units from the April 7 purchase, and 100 units from beginning inventory. $31,220. $22,960. 580 units @ $44 $25,520 = Units Sold at Retail 1,160 units @ $110

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 using the specific identification method. Ending inventory consists of 280 units from the April 16 purchase, 80 units from the April 7 purchase, and 100 units from beginning inventory. Multiple Choice 523,480 $31.220 $22,960