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Question(s) / Instruction(s):

A company had the following purchases during the current year: March: 7 units at $110 February: 11 units at $140 May: 19 units at $135 September: 20 units at $110 November: 17 units at $160 On December 31, there were 26 units remaining in ending inventory. These 26 units consisted of 4 from March, 6 from February, 3 from May, 7 from September, and 6 from November. Using the specific identification method, what is the cost of the ending inventory? a) $3,265 b) $4,160 c) $4,875 d) $1,691 e) $3,415

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