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Moores Used Cars uses the specific identification formula of costing inventory. During March, Moore purchased three cars: a Honda Civic for $ 8000, a Chevy
Moores Used Cars uses the specific identification formula of costing inventory. During March, Moore purchased three cars: a Honda Civic for $ 8000, a Chevy Malibu for $ 10000, and a Ford Pinto $ 9300, respectively. During March, two cars are sold for $ 13200 each. Moore determines that at March 31, the Ford Pinto is still on hand. What is Moores cost of goods sold for March?
a.
$9,300
b.
$19,000
c.
$19,300
d.
$18,000
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