A company reports the following beginning inventory and purchases for January. On January 26 the company sells 360 units. What is t ts155 units that remain in ending inventory at January, 31, assuming costs are assigned based on a perpetual inventory system and use of FIFO? (Round per unit costs to three decimals, but inventory balances to the dollar.)
Units Beginning inventory on January I 320 Purchase on January 9 85 Purchase on January 25 110
Unit Cost
$6.00 6.40 6.60
440111r L — ______ Refer to the information in QS 5 1 and assume the perpetual inventory systems is used determine the costs assigned to ending inventory when costs are assigned based on LIFO.) Round per unit costs to three decimals, but inventory balances to the dollar.)
Refer to the information in QS 5 1 and assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on weighted average. (Round per unit costs to three decimals. but inventory balances to the dollar.)
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