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Required Informetlon Beech Soda, Inc. uses a perpetual Inventory system. The company's beginning Inventory of a particular product and its purchases during the month of
Required Informetlon Beech Soda, 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: Total Cost S 440 Quantity Unit Cost Part 4 of 5 s 28 S 26 Beginning inventory (3an. 1) Purchase (Jan. 11) Purchase (3an. 28) Total 21 32 546 $1,882 00:54:05 On January 14, Beech Soda, Inc. sold 34 units of this product The other 41 units remained in inventory at January 31 Assuming that Beech Soda uses the FIFO cost flow assumption, the 41 units of this product in Inventory at January 31 have a total cost of Multiple Cholce $1102 $1,130 $1.482 $1.076
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