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A company reports the following beginning inventory and two purchases for the month of January....

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Accounting

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A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 410 units. Ending inventory at January 31 totals 150 units Units Unit Cost 370 $3.60 80 3.80 Beginning inventory on January Purchase on January 9 Purchase on January 25 110 3.90 Required Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. # of cost per . Available for sold units un Cost of Goods d of unitsCost per Ending # of units cost per unit Goods Sold in ending Cost unit Inventory Sale Beg Inventory Purchases January 9 January 25 Total

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