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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 430 unlts. Ending Inventory at January 31 totals 170 units. equlred: ssume the perpetual Inventory system is used. Determine the costs assigned to ending Inventory when costs are assigned based on he FIFO method
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