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inventory and cost of goods sold, Check my work A company reports the following beginning inventory and two purchases for the month of January. On

inventory and cost of goods sold,
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Check my work A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 450 units Ending inventory of January 31 totals 170 units Units Unit Cost Beginning inventory on January 1 410 $ 4.00 Purchase on January 9 90 4.20 Purchase on January 25 120 4.30 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on LIFO. Por till Cost per Date # of units # of units sold Cost per unit Cost per Cost of Goods unit Sold # of units Inventory Balance unit January 1 January 9 $ January 25 January 26 Totals

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