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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 410 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 410 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 370 80 110 Unit Cost $ 3.60 3.80 3.90 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 Cost per Date # of units Cost of Goods Sold # of Cost per Cost of Goods units unit Sold sold Inventory Balance Cost per Inventory # of units unit Balance 370 @ $ 3.60 = $1,332.00 unit January 1 January 9 0.00 Average cost January 25 Average cost January 26 Totals

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