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begin{tabular}{|c|c|c|c|} hline Date: & Activities & Units Acquired at Cost & Unitn Sold at Metail hline August 1 & Beginning inventory & 100 units

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\begin{tabular}{|c|c|c|c|} \hline Date: & Activities & Units Acquired at Cost & Unitn Sold at Metail \\ \hline August 1 & Beginning inventory & 100 units e $10=$1,000 & \\ \hline August 5 & Purchase. & 40 units 9$12=$480 & \\ \hline AuEust 18 & Sale & & 60 units sold \\ \hline August 15 & Purchase & 70 units 9$13=$910 & \\ \hline August 25 & Sale & & 50 units sold \\ \hline \end{tabular} Use the above information to calculate ending inventory using Fif O for a company that uses a perpetuat inventory system. \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Date } & \multicolumn{2}{|c|}{ Goods purchased } & \multicolumn{3}{|c|}{ Cost of Goods sold } & \multicolumn{3}{|c|}{ Inventory Balance: } \\ \hline & \begin{tabular}{c} Number of \\ units \end{tabular} & \multirow[t]{2}{*}{\begin{tabular}{c} Cost per \\ Unit \end{tabular}} & \begin{tabular}{c} Number \\ of units \\ sold \end{tabular} & \multirow[t]{2}{*}{\begin{tabular}{l} Cost per \\ unit \end{tabular}} & \multirow[t]{2}{*}{\begin{tabular}{c} Cost of Goods \\ Sold \end{tabular}} & \multirow[t]{2}{*}{\begin{tabular}{c} Number of \\ units \end{tabular}} & \multirow[t]{2}{*}{ Cost per unit } & Inventory Balance \\ \hline August 1 & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ August 5} \\ \hline Pagusto & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ Total August 5} \\ \hline \multicolumn{9}{|l|}{ August 10} \\ \hline & & & & & & & & \\ \hline & & & & & & & & \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ August is } \\ \hline & & & & & & & & \\ \hline Total August 15 & & & & & + & & & \\ \hline \multicolumn{9}{|l|}{ August 25} \\ \hline & & & & & & & & \\ \hline Total August 25 & & & & & & & & \\ \hline \end{tabular}

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