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Quayle Bookstore had 500 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows: Date

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Quayle Bookstore had 500 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows: Date Purchases Sales Jan. 14 380 $15 17 250 @ 510 25 250 $12 29 260 @ $17 Quayle does not maintain perpetual Inventory records. According to a physical count, 360 units were on hand at January 31 The cost of the inventory at January 31, under the UFO method is Time Limit: 1:15:00 Time Left:0:44:39 Christine Mack: Attempt 1 Previous Page Next Page Page 15 of 25 gavil Question 15 (4 points) Quayle Bookstore had 500 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows: Date Purchases Sales Jan. 14 380 @ $15 17 250 @ $10 25 250 @ $12 260 @ $17 29 12 Quayle does not maintain perpetual inventory records. According to a physical count, 360 units were on hand at January 31. The cost of the inventory at January 31, under the LIFO method is: $3,650. $3,240. $3,820. $4,100. Rac15.25 MacBook Next Das Ponado Dance 80 F3 F2 %

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