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Check my work 4 A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells
Check my work 4 A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 310 units. Ending inventory at January 31 totals 130 units. 9.09 points Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 280 60 100 Unit Cost $ 2.60 2.80 2.94 eBook References Required: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method. Periodic LIFO Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods # of Available for units unit Sale $ 0 Cost per # of units sold Cost per unit Cost of Goods Sold Inventory Balance # of units Cost per Ending in ending unit Inventory Inventory Beg. Inventory Purchases: 0 January 9 January 25 Total 0 0 $ 0 0 $ 0 $ 0
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