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Question 61

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Use this information to answer the following question. Use this information to answer the following question. A periodic inventory system is used. Using the specific identification method and assuming that 50 of the items left are from the October 13 purchase and the rest are from the October 20 purchase,the cost assigned to ending inventory is A) $3,840. B) $3,312. C) $3,372. D) $3,176. A periodic inventory system is used.
Using the specific identification method and assuming that 50 of the items left are from the October 13 purchase and the rest are from the October 20 purchase,the cost assigned to ending inventory is


A) $3,840.
B) $3,312.
C) $3,372.
D) $3,176.

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