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Help A company's Save 11 story records indicate the following data for the month of April: Sum 5 Date April 1 April 7 April 11
Help A company's Save 11 story records indicate the following data for the month of April: Sum 5 Date April 1 April 7 April 11 April 16 April 22 April 29 Units Acquired at cost 890 units @ $36 = $32,040 770 units @ $40 = $30,800 Units Sold at Retail Activities Beginning inventory Purchase Sale Purchase Sale Purchase 690 units @ $44 - $30, 360 1,380 units @ $110 400 units @ $110 670 units @ $50 = $33,500 The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Endic inventory consists of 440 units from the April 29 purchase, 390 units from the April 16 purchase, 400 units from the April 7 purchase, and 100 from beginning inventory. Multiple Choice $71,500. $93,960 $58,760
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