Using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.
<h3>What is the specific identification method?</h3>
The specific identification method is an inventory method that identifies specific inventories sold and uses their specific costs in valuing the cost of goods sold.
<h3>Data and Calculations:</h3>
Date Units Unit Cost Total Balance
June 1 1 $500 $500 $500
July 9 2 $550 $1,100 $1,600
Sept. 23 2 $600 $1,200 $2,800
Dec. 24 -1 $550 $550 $2,250
Thus, using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.
Learn more about specific identification methods at brainly.com/question/25056275
