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Problem 6-18A Alternative cost flows-periodic LOB Synergy Company began 2020 with 14,000 units of Product X In Its Inventory that cost $7.20 per unit, and

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Problem 6-18A Alternative cost flows-periodic LOB Synergy Company began 2020 with 14,000 units of Product X In Its Inventory that cost $7.20 per unit, and it made successive purchases of the product as follows: Mar. 7 21,000 unitse $ 8. 80each May 25 26,000 units@ $10. 0beach Aug. 1 16,509 unitse $14. 00each Nov. 10 26,909 unitse $15. 50each The company uses a periodic Inventory system. On December 31, 2020, a physical count disclosed that 10,000 units of Product X remained In inventory- Required: 1. Calculate the number and total cost of the units available for sale during 2020. Number of units 103.500 Total cost of the $ units 1,162 800 2. Prepare calculations showing the amounts that should be assigned to the 2020 ending Inventory and to cost of goods sold, assuming: a. FIFO Total cost of the units for sale Cost of units sold b. Weighted average cost basis. (Round the "Average cost per unit" answer to 2 decimal places.) Total cost of the units for sale Cost of units sold

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