A company had the following purchases during its first year of operations: Purchases 23 units...
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Accounting
A company had the following purchases during its first year of operations: Purchases 23 units at $116 January: February: 33 units at $127 May September: 25 units at $147 November: 23 units at $157 28 units at $1359 On December 31, there were 40 units remaining in ending inventory. These 40 units consisted of 5 from January, 6 from February, 10 from May. 4 from September, and 15 from November. Using the specific identification method, what is the cost of the ending inventory
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