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QS 6-2 Inventory costing with FIFO-perpetual LO2 A company reports the following beginning inventory and two purchases for the month of January. On January
QS 6-2 Inventory costing with FIFO-perpetual LO2 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. Beginning inventory on January 1 Purchase on January 9.. Purchase on January 25. Required Units Unit Cost 320 $3.00 50 3.20 100 3.34 Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. (Round per unit costs and inventory amounts to cents.) "QS 63 Inventory costing with weighted average-periodic LOB Refer to the information in QS 6-2 and assume the periodic 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 6-4 Inventory costing with FIFO-periodic LOB Refer to the information in QS 6-2 and assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. (Round per unit costs and inventory amounts to cents.) Page 480 "QS 6-5 Inventory costing with weighted average-perlodic LOB Refer to the information in QS 6-2 and assume the periodic 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.)
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