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Please quickly i only have 25 mins Urgent The following information applies to the questions displayed below) Anthony Company uses a perpetual inventory system. It

Please quickly i only have 25 mins
Urgent
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The following information applies to the questions displayed below) Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail Units Acquired at Cost 80 units @ $50.60/unit 215 units @ $55.60/unit Date Activities Mar. 1 Beginning inventory Mar 5 Purchase Mar 9 Sales Mar 18 Purchase Mar. 25 Purchase Mar 29 ales 240 units @ $85.60/unit 75 units @ $60.60/unit 130 units @ $6260/unit 110 units @ $95.60/unit Totals 500 units 350 units 3. Compute the cost assigned to ending inventory using (0) FIFO (b) weighted average cost and (c) specific identification For specific identification, the March 9 sale consisted of 55 units from beginning inventory and 185 units from the March 5 purchase the March 29 sale consisted of 35 units from the March 18 purchase and 75 units from the March 25 purchase. (Due to rounding, the sum of Cost of Goods Sold and Ending inventory may not equal the cost of Good available for sales. Round your per unit costs to 3 decimal places and inventory balances to the nearest dollar amount. Omit the "S" sign in your response.) Ending Inventory (a) FIFO (b) Weighted average cost (c) Specific identification S Ask your instructor auction

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