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[The following information applies to the questions displayed below.) Anthony Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions

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[The following information applies to the questions displayed below.) Anthony Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March. Units Sold at Retail Units Acquired at Cost 220 units @ $53.40/unit 285 units @ $58.40/unit Date Activities Mar 1 Beginning inventory Mar 5 Purchase Mar 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar 29 Sales 380 units @ $88.40/unit 145 units @ $63.40/unit 270 units @ $65.40/unit 250 units $98.40/unit Totals 920 units 630 units average cost and 3. Compute the cost assigned to ending inventory using (a) FIFO.(6) weighted average cost and (a) specific identification. For specific identification the March 9 sale consisted of 125 units from beginning inventory and 255 units from the March 5 purchase, the March 29 sale consisted of 105 units from the March 18 purchase and 145 units from the March 25 purchase. (Due to rounding the sum of Cost of Goods Sold and Ending inventory may not equal the Cost of Good available for sales. Round your per unit costs to 3 decimal places and inventory balances to the nearest dollar amount. Omit the "S" sign in your response.) Ending Inventory CA (a) FIFO (b) Weighted average cost (c) Specific identification Ask your instructor a

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