Question: Using the specific identification method: Date Units purchased Cost per unit Ending inventory March 1 20 Xbox?s 360 $ 275 5 Xbox?s from March April
Using the specific identification method:
| Date | Units purchased | Cost per unit | Ending inventory | ||
| March 1 | 20 Xbox?s 360 | $ | 275 | 5 Xbox?s from March | |
| April 1 | 41 Xbox?s 360 | 250 | 11 Xbox?s from April | ||
| May 1 | 70 Xbox?s 360 | 240 | 8 Xbox?s from May | ||
a. Calculate the ending inventory.
Ending inventory $
b. Calculate the cost of goods sold.
Cost of goods sold $
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