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The answer simply will do. on the chegg app it wont let me view the whole answer for questiong Unit Cost $215 Total Cost $
The answer simply will do. on the chegg app it wont let me view the whole answer for questiong
Unit Cost $215 Total Cost $ 4,300 235 Units 20 15 10 8 10 12 8 Date March 1 March 5 March 9 March 17 March 22 March 27 March 30 2,350 Transactions Beginning inventory Sale $330 each) Purchase Sale ($380 each) Purchase Sale ($405 each) Purchase 245 2,450 265 2,120 $11,220 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. Required: 1. Calculate ending inventory and cost of goods sold at March 31, using the specific identification method. Ending inventory Cost of goods sold Step by Step Solution
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