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Date Activities Units Acquired at Cost Units Sold at Retail 100 units @ $15 Jan. 1 Beginning inventory 140 units @ $6.00 = $ 840

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Date Activities Units Acquired at Cost Units Sold at Retail 100 units @ $15 Jan. 1 Beginning inventory 140 units @ $6.00 = $ 840 Jan. 10 Sales Jan. 20 Purchase 60 units @ $5.00 = 300 Jan. 25 Sales Jan. 30 Purchase 180 units @ $4.50 810 Totals 380 units $1,950 80 units @ $15 180 units Required The company uses a perpetual inventory system. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO. (Round per unit costs and inventory amounts to cents.) For snecific identification ending inventory consists of 200 units where 180 ore from the Date Activities Units Acquired at Cost Units Sold at Retail 100 units @ $15 Jan. 1 Beginning inventory 140 units @ $6.00 = $ 840 Jan. 10 Sales Jan. 20 Purchase 60 units @ $5.00 = 300 Jan. 25 Sales Jan. 30 Purchase 180 units @ $4.50 810 Totals 380 units $1,950 80 units @ $15 180 units Required The company uses a perpetual inventory system. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO. (Round per unit costs and inventory amounts to cents.) For snecific identification ending inventory consists of 200 units where 180 ore from the

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