question archive Sunland uses the specific identification method of costing inventory
Subject:AccountingPrice: Bought3
Sunland uses the specific identification method of costing inventory.During March, they purchased three cars for $5200, $6400, and $7800, respectively. During March, the first two cars are sold for $7300 each. What is Sunland gross profit for March?
a. $1600
b.$3000
c. $500
d. $6800