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East Point Toyota, a small dealership, has provided you with the following information with respect to its vehicle inventory for the month of November. The
East Point Toyota, a small dealership, has provided you with the following information with respect to its vehicle inventory for the month of November. The company uses the specific identification method. Date Serial# Unit Cost Unit Selling Price Explanation Inventory Nov. 1 C63825 Model Corolla Corolla Camry Venza $16,000 18,000 C81362 G62313 X3892 F1883 27,000 28.000 21.000 25,000 F1921 8. Sales $19,600 29,500 12 Purchases Tundra Tundra Corolla Camry Camry Camry Venza Venza Camry Venza C81362 G62313 G71811 G71891 X4212 X4214 G71891 X3892 28,000 26,000 28,000 30,000 18 Sales 28,300 32,400 12 Purchases G71811 28,000 26,000 28,000 30,000 18 Sales Camry Camry Venza Venza Camry Venza Tundra Tundra Camry G71891 X4212 X4214 G71891 X3892 F1921 F2182 G72166 28,300 32,400 29,500 23 Purchases 22,000 31,000 Determine the cost of goods sold and the ending inventory for the month of November. Cost of goods sold $ Ending inventory $
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