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equired information Problem 8 - 5 ( Algo ) Various inventory costing methods [ LO 8 - 1 , 8 - 4 ] Skip to
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Problem Algo Various inventory costing methods LO
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The following information applies to the questions displayed below.
A company began January with units of its principal product. The cost of each unit is $ Inventory transactions for the month of January are as follows:
Date of Purchase Purchases
Units Unit CostFootnote asterisk Total Cost
January $ $
January
Totals $
Footnote asterisk Includes purchase price and cost of freight.
Sales
Date of Sale Units
January
January
January
Total
units were on hand at the end of the month.
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