A company's inventory records indicate the following data for the month of April: Units Acquired at Cost 175 units @ $36 = $6,300 145 units @ $40 = $5,800 125 units @ $44 = $5,500 Date April 1 April 7 April 11 April 16 April 22 Sale Activities Beginning inventory Purchase Sale Purchase Units Sold at Retail 250 units @ $110 100 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 25 units from the April 16 purchase, 45 units from the April 7 purchase, and 25 units from beginning inventory.

A companys inventory records indicate the following data for the month of Aprit: The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending iventory consists of 25 units from the April 16 purchase, 45 units from the April 7 purchase, and 25 units from beginning inventory. A companys inventory records indicate the following data for the month of Aprit: The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending iventory consists of 25 units from the April 16 purchase, 45 units from the April 7 purchase, and 25 units from beginning inventory