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2 Inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 180 units $10.50 - $1,890 140 units $19.50 110 units

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2 Inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 180 units $10.50 - $1,890 140 units $19.50 110 units $9.50 1.045 130 units $19.50 270 unit. 9.00 - 2.430 560 units $5,365 270 units 125 points Exercise 6-5A Periodic: Inventory costing Lo P3 Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 290 units, where 270 are from the January 30 purchase. 5 are from the January 20 purchase, and 15 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using a specific identification, (b) weighted average. (FIFO, and (CALIFO. Complete this questions by entering your answers in the below tabs. Specific to Weighted FIFO LIPO Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists of 290 units, where 270 are from the January 10 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. *) Specific dentification Cost of Goods Available for Sale Cost of Goods Bold Ending Inventory units of units Cost per of unite Cost of Available for unit Sale sold unit per unit inventory Inventory Being wtory Purchases Cous Cost of Goods Cost Ending Goods Sold inhending

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