A company had the following purchases during the current year:
On December 31,there were 26 units remaining in ending inventory.These 26 units consisted of 2 from January,4 from February,6 from May,4 from September and 10 from November.Using the specific identification method,what is the cost of the ending inventory?
A) $3,500
B) $3,800
C) $3,960
D) $3,280
E) $3,640
Correct Answer:
Verified
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