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The following information is available for Garrett Inc. A physical inventory count shows 80 units in stock on October 31. Garrett Inc: uses the specific
The following information is available for Garrett Inc. A physical inventory count shows 80 units in stock on October 31. Garrett Inc: uses the specific identification inventory method to value month-end inventory. Garrett determines that the ending inventory units consist of 5 units from beginning inventory, 10 units from the October 5 th purchase, 30 units from the October 15 th purchase, and 35 units from the October 25 th purchase. What is Garrett's cost of goods sold recognized for the month of October? $905.00$695.50$431.50$895.50$422.00
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