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QS 5-4 Perpetual: Inventory costing with FIFO P1 A company reports the following beginning inventory and two purchases for the month of January. On January

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QS 5-4 Perpetual: Inventory costing with FIFO P1 A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 350 units. Ending inventory at January 31 totals 150 units. Unit Cost Beginning inventory on January 1. $3.00 Purchase on January 9. Purchase on January 25. 3.34 Units + 320 80 100 3.20 QS 5-6 Perpetual: Inventory costing with weighted average P1 Refer to the information in QS 5-4 and assume the perpetual inventory system is used Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method (Round per unit costs and inventory amounts to cents) QS 5-10 Perpetual: Assigning costs with FIFO P1 Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 15 units for $20 each Purchases on December 7 10 units o $ 6.00 cost Purchases on December 14... 20 units a $12.00 cost Purchases on December 21 15 units. $14.00 cost QS 5-13 Perpetual: Inventory costing with specific identification P1 Refer to the information in QS 5-10 and assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on specific identification. Of the units sold, eight are from the December 7 purchase and seven are from the December 14 purchase. (Round per unit costs and inventory amounts to cents.)

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