Complete this question by entering your answers in the tabs below.
Specific Identification
Weighted
Average
FIFO
LIFO
Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.
tablePurchase Date,Specific IdentificationAvailable for Sale,Cost of Goods Sold,Ending Inventory Activity,# of units,Cost Per Unit,# of units sold,Cost Per Unit,Cost of Goods,Ending InventoryCost Per Unit,Endir InventoryJanuary Beginning inventory,$ Units,,January Purchase,$ January Purchase,$ $ $