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Required information [The following information applles to the questions oisplayed below.] A company reports the...

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Accounting

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Required information [The following information applles to the questions oisplayed below.] A company reports the following beginning inventory and two purchases for the month of January, On January 26, the company sells 310 units. Ending inventory at January 31 totals 130 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

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