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Whe following information applies to the questions displayed below] A company reports the following beginning inventory and two purchases for the month of January. On

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Whe 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 350 units. Ending inventory at January 31 totals 150 units. Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. displayed below.] and two 26 , the company tals 150 units. hine the costs assigned to FIFO method

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