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Review Ch 5,6,8,9,10 13 A company reports the following beginning inventory and two purchases for the month of January, On January 26, the company sells

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Review Ch 5,6,8,9,10 13 A company reports the following beginning inventory and two purchases for the month of January, On January 26, the company sells 350 units. Ending inventory at January 31 totals 150 units. Units Unit Cost Beginning inventory on January 1 320 $ 3.00 Purchase on January 80 3.20 Purchase on January 25 100 625 points H Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending Inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places) Print References Inventory Balance Weighted Average - Perpetual Goods purchased Date #of Cost per units unit Cost of Goods Sold Bot units Cost per cost of Goods sold unit Sold un of units Cost per Inventory Balance 320 53.00 $ 500.00 January 1 January $ 000 Average cost January 25 Average cost January 20 Totals

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