Use this inventory information for the month of May to answer the following question. What is ending inventory under the specific identification method?
A) $2,720
B) $2,800
C) More information is needed.
D) $2,880

Question

Use this inventory information for the month of May to answer the following question.  What is ending inventory under the specific identification method?
A) $2,720 
B) $2,800 
C) More information is needed. 
D) $2,880

Quizplus · Accepted Answer

The inventory information provided does not include the cost of goods sold or any specific identification of which units were sold. Therefore, it is not possible to determine the ending inventory under the specific identification method with the information given.

Use This Inventory Information for the Month of May to Answer