A company had the following purchases during the current year: 
On December 31,there were 26 units remaining in ending inventory.These 26 units consisted of 2 from January,4 from February,6 from May,4 from September and 10 from November.Using the specific identification method,what is the cost of the ending inventory?
Definitions:
Capital Investment
Funds invested in a business by owners for use in further production or expansion activities.
Qualitative Characteristic
A feature that allows users to assess and compare the financial position, performance, and changes in financial position of an entity, emphasizing non-quantifiable information.
Present Value Analysis
A financial calculation that determines the current worth of a future sum of money or stream of cash flows given a specified rate of return.
Capital Investment
The spending of money to purchase assets or property intended to create growth or profit for a business.
Q19: Cash equivalents:<br>A)Include savings accounts.<br>B)Include checking accounts.<br>C)Are short-term
Q76: Given the following information: <br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6947/.jpg" alt="Given
Q80: Cash,not including cash equivalents,includes:<br>A)Postage stamps.<br>B)Coins,currency,and checking accounts.<br>C)IOUs.<br>D)Two-year
Q88: A company that uses a perpetual inventory
Q105: _ expenses are those expenses that support
Q133: An accounting procedure that (1) estimates and
Q155: Corona Company has credit sales of $4.60
Q183: A _ is an intermediary that buys
Q199: Roller Blade Company uses the perpetual inventory
Q202: A company had sales of $350,000 and