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A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company seis 250 units. Ending inventory

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A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company seis 250 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units Unit Cost 230 $2.00 50 2.20 100 2.34 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. Peru FFO: Goods Shaved Cast of Goods Sold Cost per cost of Goods units sold Unit Sold lender Cost per Cooper Date Inventory January fy HO 2 hoort MacBook Air . BO 88 73 A - # 3 $ 4 % 5 & 7 8 6 9 0 2 P Q W O E R YU T S F G D K H > A B N M Z V c 16

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