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Calculate the cost of the ending inventory

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Question - A company made the following purchases during the year:

Jan. 10 15 units at $360

Mar. 15 25 units at $390

Apr. 25 10 units at $420

July 30 20 units at $450

Oct. 10 15 units at $480

On December 31, there were 32 units in ending inventory. These 32 units consisted of 3 from the January 10 shipment, 4 from the March 15 shipment, 5 from the April 25 shipment, 15 from the July 30 shipment, and 5 from the October 10 shipment.

Using specific identification, calculate the cost of the ending inventory.

Reference no: EM132556955

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