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TB MC Qu. 05-97 (Algo) A company's inventory records indicate the following A company's Inventory records indicate the following data for the month of
TB MC Qu. 05-97 (Algo) A company's inventory records indicate the following A company's Inventory records indicate the following data for the month of Aprit Date April 1 April 7 Activities Beginning inventory Purchase April 11 Sale Wook April 16 April 22 Purchase Sale Units Acquired at Cost 870 units Units Sold at Retail 750 units $36-$31,320 $40-$30,000 1,340 units # $110 670 units 144 - $29,480 400 units @ $110 The company uses a penodic inventory system. Determine the cost assigned to ending inventory usang the specific identification method Ending inventory consists of 370 urves from the April 10 purchase, 80 units from the April 7 purchase, and 100 uns from beginning inventory Mumple Choice O $27990 $21,000 < Prev 7 of 20 Next >>
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