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Melrose Company has the following items in its inventory on August 1. Serial Number Cost 6X6A1 $ 10,900 6Y6M5 11,100 686D8 10.100 6R7R5 26,000
Melrose Company has the following items in its inventory on August 1. Serial Number Cost 6X6A1 $ 10,900 6Y6M5 11,100 686D8 10.100 6R7R5 26,000 The company uses the specific-unit-cost method for costing inventory. During August, it sold units 6X6A1 and 6B6D8 for $23,000 each and purchased unit 6A7M6 for $25,000. What is the value of the ending inventory at August 31? Calculate the ending inventory using the specific-unit-cost method of valuing inventory. The ending inventory value is $. Melrose Company has the following items in its inventory on August 1. Serial Number Cost 6X6A1 $ 10,900 6Y6M5 11,100 686D8 10.100 6R7R5 26,000 The company uses the specific-unit-cost method for costing inventory. During August, it sold units 6X6A1 and 6B6D8 for $23,000 each and purchased unit 6A7M6 for $25,000. What is the value of the ending inventory at August 31? Calculate the ending inventory using the specific-unit-cost method of valuing inventory. The ending inventory value is $.
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