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Blue Jewelry shop buys three different rings:a one carat diamond solitaire at a cost of $1,370, a one carat oval sapphire at a cost of
Blue Jewelry shop buys three different rings:a one carat diamond solitaire at a cost of $1,370, a one carat oval sapphire at a cost of $2.070. and a two-carat pear shaped emerald at a cost of \$2.710. During the month. the shop sells two of the rings, at the selling price of $2,350 for the diamond ring and $3,690 for the emerald. At December 31 , the sapphire ring is still on hand. Calculate the cost of goods sold using specific identification. Cost of goods sold s
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