A company had the following purchases during the current year: January: 19 units at $129 February: 29 units at $139 May: 24 units at $149 September: 21 units at $159 November: 19 units at $169 On December 31, there were 54 units remaining in ending inventory. These 54 units consisted of 11 from January, 13 from February, 6 from May, 13 from September, and 11 from November. Using the specific identification method, what is the cost of the ending inventory? a. $8,046. b.$7,877. c.$6,297. d.$6,239. e.$8,215.
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Home » Business » A company had the following purchases during the current year: January: 19 units at $129 February: 29 units at $139 May: 24 units at $149 September: 21 units at $159 November: 19 units at $169 On December 31, there were 54 units remaining in ending