dA company's inventory records show the following data for the month of December. Units Acquired at Cost 720 units @ $36 = $25,920 600 units @ $40 = $24,000 Date December 1 December 8 December 11 December 13 December 24 December 30 Activities Beginning inventory Purchase Sale Purchase Purchase Sale 520 units @ $44= $22,880 500 units @ $50 = $25,000 Units Sold at Retail 920 units @ $70 620 units @ $71 Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 260 units from the December 24 purchase, 210 units from the December 13 purchase, 220 units from the December 8 purchase, and 110 units from beginning inventory.

A company's inventory records show the following data for the month of December. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 260 units from the Docember 24 purchase, 210 units from the December 13 purchase, 220 units from the December 8 purchase, and 110 units from beginning inventory. A company's inventory records show the following data for the month of December: Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 260 units froe the December 24 purchase, 210 units from the December 13 purchase, 220 units from the December 8 purchase, and 110 units from beginning inventory