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urgent Vhat is the Inventory cost using the Specific Identification method? (Do mot include $ sign or commas or any characters. The final answer and
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Vhat is the Inventory cost using the Specific Identification method? (Do mot include $ sign or commas or any characters. The final answer and all ntermediate steps in the balance account must be rounded to two decimal places examples @10.245 becomes 10.25 and 10@ 10.25 = 102.9 our answer BC company inventory committee presented the following data of the urchases and sales the company made through out the year. Date Purchase Number of units Cost per unit Total Cost Jan 1 beginning 100 $13.00 $1300 March 14 purchase 80 $14.00 $1120 July 30 purchase 300 $15.00 $4500 October 4 purchase 250 $16.00 $4000 Units available 730 Cost of Goods $10920 The company makes sales in the following dates using special identification method Date Number of unit Jan 10 64 units from the beginning inventory March 15 18 from the beginning inventory 32 units from the March 14 purchase Oct 15 18 units from the beginning inventory 30 units from March 14 purchase 200 units from July 30 purchase 150 units from Oct 4 purchase ek Submit Page 6 of 6 CStep by Step Solution
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