On December 31, there were 26 units remaining in ending inventory. Using the FIFO inventory valuation method. What is the cost of the ending inventory? A company had the following purchases during the current year. $3,280. $3,200. $3,445. $3,540. $3,640. What is the amount of the cost of goods sold for this sale? Marquis Company uses a weighted-average perpetual inventory system. $148.00 $150.50 $158.40. $210.00 $330.00. Salmone Company reported the following purchases and sales for its only product. Salmones uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using LIFO. $2,260. $3,180. $1,860. $3,580. $2,100 An income statement account that is used to record cash averages and cash shortages arising from petty cash transactions or from errors in making changes is titled: Cash Lost. Bank Reconciliation. Petty Cash. Cash Over and Short. Cash Receivable