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Instructor-created question Question HC Taken from a company's records is the following: (Click the icon to view the information) Data Table -X Complete the following

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Instructor-created question Question HC Taken from a company's records is the following: (Click the icon to view the information) Data Table -X Complete the following assuming a perpetual inventory system: Sales in Units Transaction Units 31.000 Unit Cost $ 3.10 Total Cost $ 96,100 If the company uses the FIFO inventory costing method the cost of ending inventory is 5 Beginning inventory 1/1 Purchases February 8 4.30 March 15 46,000 101,000 65.000 440 197.800 444 400 312 000 If the company uses the LIFO inventory costing method, cost of goods sold for the year is $ 4.80 April 10 Subtotal 243,000 $ 1,050,300 150,000 Units Sold - April 22 at $15 May 9 79.000 510 402.900 Enter your answer in the edit fields and then click Check Answer May 9 5.10 79,000 30,000 402,900 156,000 5.20 352,000 $ 1,609,200 117,000 June 19 Subtotal Units Sold - August 11 at $18 September 20 October 30 November 17 Subtotal Units Sold - December 21 at $22 13,000 38,000 4,000 407,000 5.30 5.40 5.60 68,900 205,200 22,400 $ 1,905,700 20,000 oz. Ta i lable faceae 117,000 Units Sold - August 11 at $18 September 20 October 30 13,000 38,000 4.000 5.30 5.40 5.60 68,900 205,200 22,400 November 17 407,000 $ 1.905,700 20,000 Subtotal Units Sold - December 21 at $22 Total available for sale Total units sold Ending inventory 407.000 (287.000) 120.000

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