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Proctoring Enabled: Test 2 - Ch. 3-5 37 Part 3 of 3 10 points 00:35:51 Required information [The following information applies to the questions displayed
Proctoring Enabled: Test 2 - Ch. 3-5 37 Part 3 of 3 10 points 00:35:51 Required information [The following information applies to the questions displayed below.] A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 390 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 January 1 Date Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. Note: Round your per unit costs to 2 decimal places. January 9 Average cost January 9 January 25 Average cost January 25 January 26 Total January 26 Units 350 80 110 Goods purchased Number of Cost per units unit Saved Unit Cost $ 3.40 3.60 3.70 Number of units sold Weighted Average - Perpetual: Cost of Goods Sold Cost per unit Cost of Goods Sold Number of units Inventory Balance Cost per unit Inventory Balance Help
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