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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 320 units. Ending
A company reports the following beginning inventory and two purchases for the month of January. On January 26 , the company sells 320 units. Ending inventory at January 31 totals 140 units. Required: Issume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based or he FIFO method. A company reports the following beginning inventory and two purchases for the month of January. On January 26 , the company sells 320 units. Ending inventory at January 31 totals 140 units. ssume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based e LIFO method. Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method. A company reports the following beginning inventory and two purchases for the month of January. On January 26 , the company sells 320 units. Ending inventory at January 31 totals 140 units. ssume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based he weighted average method. ote: Round your per unit costs to 2 decimal places. Check my work Required information
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