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Reli Corp. sells designer T - shirts and its accounting records showed the following details for the month of July: ( 1 ) Beginning inventory,
Reli Corp. sells designer Tshirts and its accounting records showed the following details for the month of July: Beginning inventory, July : units with a unit cost of $ Purchase, July : units with a unit cost of $ Sale, July : units were sold at $ each. Purchase, July : units with a unit cost of $ Sale, July : units were sold at $ each. On July Reli Corp. counted the inventory on hand and determined that the unsold units were from the purchase made on July If Reli Corp. uses specific identification cost method, what is the cost of ending inventory at the end of July?
Reli Corp. sells designer Tshirts and its accounting records showed the following details for the month of July:
Beginning inventory, July : units with a unit cost of $
Purchase, July : units with a unit cost of $
Sale, July : units were sold at $ each.
Purchase, July : units with a unit cost of $
Sale, July : units were sold at $ each.
On July Reli Corp. counted the inventory on hand and determined that the unsold units were from the purchase made on July If Reli Corp. uses specific identification cost method, what is the cost of ending inventory at the end of July?
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