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Quiz Company uses the perpetual method. Use the following information to calculate total COGS and ending inventory using each of the cost flow methods. Date

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Quiz Company uses the perpetual method. Use the following information to calculate total COGS and ending inventory using each of the cost flow methods. Date Units Cost Total Beg. Inv. 1-May 16 $2.00 $32.00 Purchase 8-May24 x $ 2.50 $ 60.00 Sale 20-May34 $ 5.00 $170.00 Purchase 25-May36 $3.00 $108.00 Sale 28-May 30 X $5.00 $150.00 What is the ending inventory if the specific identification method is used and the ending inventory includes 1 unit from the 5/8 purchase and 11 units from the 5/25 purchase? $34.80 O $36 $35.50 None of these $30 $24

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