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Maria Company uses the periodic inventory system to account for inventories. Information related to Maria Company's inventory at October 31 is given below: October 1
Maria Company uses the periodic inventory system to account for inventories. Information related to Maria Company's inventory at October 31 is given below: October 1 395 units x = 8 815 units = Beginning inventory Purchase Purchase Purchase Total units and cost $10.00 $10.40 $10.60 $11.70 16 585 units = $3,950 8,476 6,201 2,223 $20,850 24 190 units = 1,985 units Value the ending inventory using the FIFO cost assumption if 500 units remain on hand at October 31. (Round answer to O decimal places, e.g. 5,275.) Ending Inventory $ e Textbook and Media Value the ending inventory using the weighted-average cost method if 500 units remain on hand at October 31. (Round average cost per unit to 2 decimal places, e.g. 5.25 and final answer to 0 decimal places, e.g. 2,520.) Ending Inventory eTextbook and Media Value the ending inventory using the LIFO cost assumption if 500 units remain on hand at October 31. Ending Inventory $
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