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MC Qu. 91 A company had the following purchases during... A company had the following purchases during the current year: January: 18 units at $125

MC Qu. 91 A company had the following purchases during...

A company had the following purchases during the current year:

January: 18 units at $125
February: 28 units at $135
May: 23 units at $145
September: 20 units at $155
November: 18 units at $165

On December 31, there were 46 units remaining in ending inventory. These 46 units consisted of 6 from January, 8 from February, 10 from May, 8 from September and 14 from November. Using the specific identification method, what is the cost of the ending inventory?

$6,530

$6,830

$6,210

$6,670

$7,130

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