A company had the following purchases during its first year of operations: PurchasesJanuary:23 units at $116February:33 units at $127May:28 units at $139September:25 units at $147November:23 units at $157 On December 31, there were 40 units remaining in ending inventory. These 40 units consisted of 5 from January, 6 from February, 10 from May, 4 from September, and 15 from November. Using the specific identification method, what is the cost of the ending inventory?
A. $5675.
B. $4940.
C. $5832.
D. $5518.
E. $4913.
Answer: A
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