A Company Made the Following Purchases During the Year On December 31,there Were 28 Units in Ending Inventory

question 152

Essay

A company made the following purchases during the year:
$\begin{array}{|l|l|l|l|}\hline \text { Jan. 10 } & 15 & \text { units at } & \$ 360 \text { each } \\\hline \text { Mar. 15 } & 25 & \text { units at } & \$ 390 \text { each } \\\hline \text { Apr. 25 } & 10 & \text { units at } & \$ 420 \text { each } \\\hline \text { July 30 } & 20 & \text { units at } & \$ 450 \text { each } \\\hline \text { Oct. 10 } & 15 & \text { units at } & \$ 480 \text { each } \\\hline\end{array}$

On December 31,there were 28 units in ending inventory.These 28 units consisted of 1 from the January 10 purchase,2 from the March 15 purchase,5 from the April 25 purchase,15 from the July 30 purchase and 5 from the October 10 purchase.Using specific identification,calculate the cost of the ending inventory.

---

Definitions:

Regular Event

An occurrence that happens at consistent intervals or in a predictable pattern.

Paralanguage

The aspect of spoken communication that is not formed by words themselves but is conveyed through tone of voice, loudness, pitch, and other vocal cues.

Tonal

Pertaining to the character or quality of sound, especially in music, where it refers to the organization of pitches and harmonies.

Whistled Speech

An exchange of whistled words using a phonetic emulation of the sounds produced in spoken voice.