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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 260 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 260 units. Ending Inventory at January 31 totals 120 units Units 230 Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Unit Cost $ 2.1e 2.30 2.44 % 100 Required Assume the perpetual inventory system is used. Determine the costs assigned to ending Inventory when costs are assigned based on LIFO Perpetual LIFO Goods purchased Costol Goods Sold Cost per Cost of Goods unit Sold Inventory Balance Cost per Inventory of units Unit Balance of units sold Date of | units Cost per unit January 1 January January January 28 Tous

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