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ELEN [110]
2 years ago
5

A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells

450 units. Ending inventory at January 31 totals 170 units.
Units Unit Cost
Beginning inventory on January 1 410 $4.00
Purchase on January 9 90 4.20
Purchase on January 25 120 4.30

Required:
Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method.
Business
1 answer:
True [87]2 years ago
5 0

Answer:

Do the math don't be lazy

Explanation:

SHOW WORK

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Suppose the market for money, drawn with the value of money on the vertical axis and the quantity of money on the horizontal axi
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1 year ago
Ai​ Lun, a management trainee at a large New Yorkdashbased ​bank, is trying to estimate the real rate of return expected by inve
QveST [7]

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Ai​ Lun estimate that  real rate would be 1%

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