Question: Using the specific identification method: a. Calculate the ending inventory. b. Calculate the cost of goods sold. Date Units purchased Cost per unit Ending inventory

Using the specific identification method:

a. Calculate the ending inventory.

b. Calculate the cost of goods sold.

Date Units purchased Cost per unit Ending inventory
June 1 14 Echo Shows 360 $ 284 4 Echo Shows from June
July 1 50 Echo Shows 360 259 10 Echo Shows from July
August 1 68 Echo Shows 360 249 7 Echo Shows from August

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