Business
Business, 19.03.2020 21:44, datzmypupppup

A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 300 units. Ending inventory at January 31 totals 130 units. UnitsUnit Cost Beginning inventory on January 1270$2.50 Purchase on January 960 2.70 Purchase on January 25100 2.84 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on LIFO.

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

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