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[The following information applies to the questions displayed below] A company reports the following beginning Inventory and two purchases for the month of January.

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[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 340 units. Ending Inventory at January 31 totals 140 units. Beginning inventory on January 1 Purchase on January 9 Units Unit Cost 310 $2.90 70 100 3.10 3.24 Purchase on January 25 Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. (Round your per unit costs to 2 decimal places.) Beginning Inventory Purchases January 9 January 25 Total Periodic FIEO Cost of Goods Available for Sale Cost of Goods Sold Inventory Balance Cost of Goods #of units #of Cost per Available for units unit of units sold Cost per unit Cost of Goods Sold Sale in ending Inventory Cost per unit Ending Inventory $ 0 0 0 0 0 $ 0 0 $ 0

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