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Problem 6-3A Perpetual: Alternative cost flows LO P1 Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions

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Problem 6-3A Perpetual: Alternative cost flows LO P1 Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Date Activities Units Acquired at Cost Units Sold at Retail Jan. 1 Beginning inventory 6ee units@ $60 per unit Feb. 10 Purchase 400 units @ $57 per unit Mar. 13 Purchase 150 units $45 per unit Mar. 15 Sales 750 units @ $85 per unit Aug. 21 Purchase 150 units @ $65 per unit Sept. 5 Purchase 450 units @ $61 per unit Sept. 1e Sales 630 units @ $85 per unit Totals 1,750 units 1,380 units Perpetual FIFO Perpetual UFO Weighted Average Specific id Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold consist of 600 units from beginning tary, 130 from the February 10 purchase, 150 from the March 13 purchase, 100 from the August 21 purchase, and 200 from the September 5 purchase (Hot your average cost per unit to a decimal places.) Specific Identification: Gooils Purchased Cost Date per units unit January 1 Costel Goods Sold Cost per Cost of Goods Sold sold Inventory Balance Cont #ofonits Inventory per unit Balance 600 @ $ 35,000.00 60 00 February 10 March 13 March 15 Aug 21 Sep 5 March 13 March 15 Aug 21 Sep 5 Sep 10 $ 0.00 Totals

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