Question: please answer part C Current Attempt in Progress Hanlin Company uses the periodic inventory system to account for inventories. Information related to Hanlin Company's inventory

Current Attempt in Progress Hanlin Company uses the periodic inventory system to account for inventories. Information related to Hanlin Company's inventory at January 31 is given below: January 1 8 16 24 Beginning inventory Purchase Purchase Purchase Total units and cost 400 units $12.00 800 units @ $12.40 600 units @ $12.80 200 units @ $13.20 2,000 units $4,800 9.920 7.680 2.640 $25,040 (a) Your answer has been saved. See score details after the due date Value the ending inventory using the FIFO cost assumption if 600 units remain on hand at January 31. 7.760 Ending Inventory Your answer has been saved. See score details after the due date. Value the ending inventory using the average cost method if 600 units remain on hand at January 31. Ending Inventory $ 7512 Attempts: 1 of 1 used (c) Value the ending inventory using the LIFO cost assumption if 600 units remain on hand at January 31. $ Ending Inventory Submit Answer Attempts: 0 of 1 used
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