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A company reports the following beginning inventory and two purchases for the month of January. On January 26 , the company sells 310 units. Ending
A company reports the following beginning inventory and two purchases for the month of January. On January 26 , the company sells 310 units. Ending inventory at January 31 totals 130 units. Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based the FIFO method. Note: Round your per unit costs to 2 decimal places. company sells 310 units. Ending inventory at January 31 totals 130 units. Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based or the LIFO method. Note: Round your per unit costs to 2 decimal places. A company reports the following beginning inventory and two purchases for the month of January. On January 26 , the company sells 310 units. Ending inventory at January 31 totals 130 units. Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based ol he weighted average method. Note: Round per unit costs to 2 decimal places
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