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Calendar Rabinhood Stash ma Blackboard Test Ch 4.5&6 6 Help Save & Exit 26 A company reports the following beginning inventory and two purchases for

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Calendar Rabinhood Stash ma Blackboard Test Ch 4.5&6 6 Help Save & Exit 26 A company reports the following beginning inventory and two purchases for the month of January, On January 26, the company sells 430 units. Ending inventory at January 31 totals 170 units. Beginning inventory on January 1 purchase on January 9 Purchase on January 25 Unit Unit Coat 390 53.80 90 4.00 120 4.10 Boo Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on LIFO. Perpetual LIFO Goodschand Cost of Goods Sold of units Cost per cost of Goods sold unit Sold Inventory Balance Inventory Coat per of units unit Balance Date Cost per January 1 January January 25 January 26 Total ME MacBook Air

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