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Anderson's Used Cars uses the specific identification formula of costing inventory. During March, Anderson purchased three cars: a Honda Civic for $8400, a Chevy Malibu
Anderson's Used Cars uses the specific identification formula of costing inventory. During March, Anderson purchased three cars: a Honda Civic for $8400, a Chevy Malibu for $10600, and a Ford Pinto $9500, respectively. During March, two cars are sold for $14000 each. Anderson determines that at March 31, the Ford Pinto is still on hand. What is Anderson's cost of goods sold for March? $9500 O $20100 O $19000 O $19400
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