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Classy Jewelers uses the specific identification method of determining ending inventory and cost of goods sold. Classy purchased 5 gold necklaces at $380 each, 6
Classy Jewelers uses the specific identification method of determining ending inventory and cost of goods sold. Classy purchased 5 gold necklaces at $380 each, 6 diamond rings at $480 each, and 7 gold bracelets at $330 each. What is the cost of ending merchandise inventory for the month if 3 necklaces, 5 ring(s), and 5 bracelets were sold?
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