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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 450 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 sells 450 units. Ending inventory at January 31 totals 170 units. Units Unit Cost Beginning inventory on January 1 410 $4.00 Purchase on January 9 90 4.20 Purchase on January 25 4.30 120 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) Weighted Average - Perpetual: Goods purchased #of Date units unit Cost per # of units sold Cost of Goods Sold Cost per Cost of Goods unit Sold January 1 Inventory Balance Cost per Inventory # of units unit Balance 410 @ S 4.00 - $1,640.00 410 a $4.00 - $1.640.00 90 @ $ 4.20 378.00 $2,018.00 January 9 90 @ $ 4.20 500 @ Average cost January 25 120 a $ 4.30 500 120 @ $ 4.30 - 620 S 0.83 516.00 $ 516.00 Average cost

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