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A company had the following inventory and purchases during January for a particular item. On January 2 8 , 3 4 5 units were sold.
A company had the following inventory and purchases during January for a particular item. On January
units were sold. What is the cost of the units that remain in the ending inventory, assuming
the following?
a FIFO
b Moving Weighted Average
Round numbers to the nearest cent. Assume a perpetual inventory system.
Use the Unit Practical Exercise Excel to complete your answers for this exercise.Units Unit Cost Total Cost
Beginning inventory on January
$ $
Purchase on January
Purchase on January
Total available for sale
$
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