A company had the following purchases during its first year of operations:  PurchasesJanuary:13 units at $123February:23 units at $133May:18 units at $143September:15 units at $153November:13 units at $163On December 31, there were 41 units remaining in ending inventory. These 41 units consisted of 5 from January, 7 from February, 9 from May, 7 from September, and 13 from November. Using the specific identification method, what is the cost of the ending inventory?

A. $6023.
B. $5860.
C. $5092.
D. $5258.
E. $6186.


Answer: A

Business

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