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0 Required information [The following information applies to the questions displayed below) A company reports the following beginning inventory and two purchases for the month

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0 Required information [The following information applies to the questions displayed below) A company reports the following beginning inventory and two purchases for the month of January on January 26, the company sells 330 units Ending Inventory at January 31 totals 140 units Units Unit cost Beginning inventory on January 1 300 5.2.80 Purchase on anuary 70 3.00 Purchase on January 25 100 3.14 Required: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the PFO method Periodic DE Cost of Good Sold Contol Goods Available for Cost Cost of Goods Available for Unit of units Costel und Cost of loventory Balance of units Cost per Ending unt inventory Inventory Goods Solin ending 5 0 Beginventory Purchase Suary January 25 To 0 0 0 0 0 $ 5 Required information The following information applies to the questions displayed below) A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 330 units. Ending inventory at January 31 totals 140 units Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 380 70 100 Unit Cost $ 2.80 3.00 3.14 Assume the periodic inventory system is used. Determine the costs assigned to ending Inventory when costs are assigned based on the LIFO method Periodic LIFO Costot Goods Sold Cost of Goods Available for Sale of Cost per Cost of Goods units Available for unit Sale 0 # of units sold Cost per Inventory Balance # of units in ending Ending unit Inventory Inventory Cost per Cost of Goods Sold unit Beg, inventory Purchases January 9 January 25 Total 0 0 0 0 5 D 5 0 0 5 0 Required information [The following information applies to the questions displayed below) A company reports the following beginning inventory and two purchases for the month of January On January 26, the company sells 330 units Ending Inventory at January 31 totals 140 units Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 300 70 100 Unit Cost $ 2.80 3.ee 3.14 Assume the periodic Inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method (Round per unit costs to 3 decimal places. Amounts to be deducted should be indicated with a minus sign.) Periodic Weighted Average Inventory on hand Cost of Goods Sold Cost per Inventory # of units Avg. Cost per # of units Cost of Value sold unit unit Goods Sold Beginning Inventory Purchase - January Purchase - January 25 Available for Sale January Sales Total 300 $ 701 s 100 $ 470 2.800 $ 3.000 3.140 840 210 314 1,364 0 470 $ 1,364 0 $ 0

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