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Ending inventory consists of 4 5 units from the March 1 4 purchase, 7 5 units from the July 3 0 purchase, and all 1
Ending inventory consists of units from the March purchase, units from the July purchase, and all units from the
October purchase. Using the specific identification method, calculate the following.
a Cost of Goods Sold using Specific Identification
b Gross Margin using Specific Identification
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