Using the specific identification method:

a$.$ Calculate the cost of ending inventory.

Ending inventory

b$.$ Calculate the cost of goods sold.

Cost of goods soldUsing the specific identification method:

Date Units purchased Cost per unit Ending inventory

June $115$ Echo Show$$s $360$ $ $2606$ Echo Show$$s from June

July $137$ Echo Show$$s $36023511$ Echo Show$$s from July

August $161$ Echo Show$$s $3602258$ Echo Show$$s from August

Calculate the cost of ending inventory.

Calculate the cost of goods sold.