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Return to question Qs 6-6 Perpetual: Inventory costing with weighted average LO P1 reports the following beginning inventory and two purchases for the month of

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Return to question Qs 6-6 Perpetual: Inventory costing with weighted average LO P1 reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 390 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 350 3.40 3.60 3.70 110 Required: Assume the perpetual inven the weighted average method. (Round your per unit costs to 2 decimal places.) tory system is used. Determine the costs assigned to ending inventory when costs are assigned based on Answer is complete and correct. Weighted Average Perpetual: Goods purchased | Cost unit Inventory Balance Cost per unit #of units # of units sold Cost of Goods Sold Date Inventory Balance per # of units January s 360 350 3.40 80 $ 360 430 3441,478 00 288.00 Average cost January 110s 3.70 25 430 3441.479 20 110la

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