Question: Refer to the information in qs 55 and assume the

Refer to the information in QS 5-5 and assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on specific identification. (Round per unit costs to three decimals, but inventory balances to the dollar.)
In QS, Mercedes Brown starts a merchandising business on December 1 and enters into three inventory purchases:

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  • CreatedMarch 18, 2015
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