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Required information Use the following information for the Quick Study below. (Algo) (5-7) [The following information applies to the questions displayed below.] A company reports
Required information Use the following information for the Quick Study below. (Algo) (5-7) [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 260 units. Ending inventory at January 31 totals 120 units. S 5-6 (Algo) Periodic: Inventory costing with LIFO LO P3 ssume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on e LIFO method. ote: Round your per unit costs to 2 decimal places
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