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Sunland has the following inventory data: Nov. 1 Inventory 29 units @ $5.80 each 8 115 units @ $6.20 each Purchase 17 Purchase 58 units
Sunland has the following inventory data: Nov. 1 Inventory 29 units @ $5.80 each 8 115 units @ $6.20 each Purchase 17 Purchase 58 units @ $6.05 each 25 Purchase 86 units @ $6.30 each A physical count of merchandise inventory on November 30 reveals that there are 96 units on hand. Assuming that the specific identification method is used and that ending inventory consists of 29 units from each of the three purchases and 9 units from the November
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