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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

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 450 units. Ending inventory at January 31 totals 170 units. Units Unit Cost Beginning inventory on January 1 410 $4.00 Purchase on January 9 90 4.20 Purchase on January 25 12 theta 4.30 Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned base the LIFO method. Date Perpetual LIFO: Goods purchased Cost of Goods Sold Inventory Balance # af unite Cost per # of units Cost per Cost of Goods H af minite Cost per Inventory Prev 9^(cos

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