Exercise 5-9 (Static) Specific identification LO P1 Ending inventory consists of 45 units from the March 14 purchase, 75 units from the July 30 purchase, and all 100 units from the October 26 purchase. Using the specific identification method, calculate the following. a) Cost of Goods Sold using Specific Identification Available for Sale Date January 1 March 14 July 30 October 26 Activity Less: Equals: Beginning Inventory Purchase Purchase Purchase # of units b) Gross Margin using Specific Identification 200 350 450 100 1,100 Cost Per Unit Cost of Goods Sold # of units sold Cost Per Unit + Cost of Goods Sold Ending Inventory Units Ending Inventory Cost Per Unit Ending Inventory Cost

Exercise 5-9 (Static) Specific identification LO P1 Ending inventory consists of 45 units from the March 14 purchase, 75 units from the July 30 purchase, and all 100 units from the Detober 26 purchase. Using the specific identification method, calculate the following. Exercise 5-9 (Static) Specific identification LO P1 Ending inventory consists of 45 units from the March 14 purchase, 75 units from the July 30 purchase, and all 100 units from the Detober 26 purchase. Using the specific identification method, calculate the following