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Question 11 5 points Save Rat TV, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during

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Question 11 5 points Save Rat TV, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows: Quantity Unit Cost Total Cost Beginning inventory (Jan. 1) 16 $ 10 $ 160 Purchase (Jan. 11) 14 $ 12 168 Purchase (an. 20) 23 $ 15 345 Total 53 $ 673 On January 14, Flat TV, Inc. sold 25 units of this product. The other 28 units remained in inventory at January 31. Assuming that Flat TV uses the FIFO cost flow assumption, the 28 units of this product in inventory at January 31 have a total cost of: A. 410 B. 5395 OC $400 D. $405

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