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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 Model Seriale Unit Cost Unit Selling Price Nov. 1 Inventory Corolla C63825 $14,000 Corolla C81362 21,000 Camry G62313 27,000 Venza X3892 28,000 Tundra F1883 23.000 Tundra F1921 26,000 8 Sales Corolla C81362 $23,000 Camry G62313 29.200 Purchases Camry G71811 27.000 Camry G71891 25.000 Vunza XA212 29.000 Venza X4214 30.000 18 Sales Camry G71891 26,600 Venza X3892 31.700 Tundra F1921 30,200 23 Purchases Tundra F2182 22000 Camry G72166 29.000 12 Determine the cost of goods sold and the ending inventory for the month of November
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