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EastPoint Toyota, a small dealership, has provided you with the following information with respect to its vehicle inventory for the month of November. The company
EastPoint 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 Explanation Inventory Unit Selling Price Nov. 1 Model Corolla Corolla Camry Venza Tundra Tundra Corolla Camry Camry Camry Venza Serial# C63825 C81362 G62313 X3892 F1883 F1921 C81362 G62313 G71811 Unit Cost $15,000 18,000 25,000 25,000 21,000 25,000 8 Sales $19,700 26,600 12 Purchases 26.000 25,000 27,000 30,000 Venza 18 Sales Camry Venza Tundra Tundra Camry G71891 X4212 X4214 G71891 X3892 F1921 F2182 G72166 26.800 29,400 29.500 23 Purchases 23.000 30,000 21,000 25,000 8 Sales $19,700 26,600 12 Purchases Tundra Tundra Corolla Camry Camry Camry Venza Venza Camry Venza Tundra Tundra Camry F1883 F1921 C81362 G62313 G71811 G71891 X4212 X4214 G71891 X3892 F1921 F2182 G72166 26,000 25,000 27,000 30,000 18 Sales 26,800 29,400 29,500 23 Purchases 23,000 30,000 Determine the cost of goods sold and the ending inventory for the month of November. $ Cost of goods sold $ Ending inventory Attempts: 0 of 3 used Submit Answer Save for Later
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