Exercise 6-9 (Algo) Specific identification LO P1 Ending inventory consists of 40 units from the March...

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Exercise 6-9 (Algo) Specific identification LO P1 Ending inventory consists of 40 units from the March 14 purchase, 80 units from the July 30 purchase, and all 190 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 b) Gross Margin using Specific Identification # of units 290 500 490 190 1,470 Cost Per # of units Unit sold + Cost of Goods Sold Cost Per Unit 0 $ $ $ $ 0.00 0.00 0.00 0.00 Cost of Goods Sold $ $ 0 0 0 0 O Ending Inventory Units 0 Ending Inventory Cost Per Unit $ $ $ $ 0.00 0.00 0.00 0.00 Ending Inventory Cost 0 0 0 0 0 Exercise 6-9 (Algo) Specific identification LO P1 Ending inventory consists of 40 units from the March 14 purchase, 80 units from the July 30 purchase, and all 190 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 b) Gross Margin using Specific Identification # of units 290 500 490 190 1,470 Cost Per # of units Unit sold + Cost of Goods Sold Cost Per Unit 0 $ $ $ $ 0.00 0.00 0.00 0.00 Cost of Goods Sold $ $ 0 0 0 0 O Ending Inventory Units 0 Ending Inventory Cost Per Unit $ $ $ $ 0.00 0.00 0.00 0.00 Ending Inventory Cost 0 0 0 0 0