A company made the following purchases during the year: On December 31, there were 32 units in ending inventory. These 32 unitsconsisted of 3 from the January 10 shipment, 4 from the March 15 shipment, 5 from the April 25 shipment, 15 from the July 30 shipment, and 5 from theOctober 10 shipment. Using specific identification, calculate the cost of theending inventory.

Question

A company made the following purchases during the year:  On December 31, there were 32 units in ending inventory. These 32 unitsconsisted of 3 from the January 10 shipment, 4 from the March 15 shipment, 5 from the April 25 shipment, 15 from the July 30 shipment, and 5 from theOctober 10 shipment. Using specific identification, calculate the cost of theending inventory.

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The Answer of A company made the following purchases during the year:  On December 31, there were 32 units in ending inventory. These 32 unitsconsisted of 3 from the January 10 shipment, 4 from the March 15 shipment, 5 from the April 25 shipment, 15 from the July 30 shipment, and 5 from theOctober 10 shipment. Using specific identification, calculate the cost of theending inventory.

A Company Made the Following Purchases During the Year