QUESTION 1 Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows: Beginning inventory Jan. 11 Purchased inventory Jan. 20 Purchased inventory= 23 units at a price of $15 each 16 units at a price of $10 each Jan. 4 units at a price of $12 each On January 14, Beech Soda, Inc. sold 25 units of this product. The other 28 units remained in inventory at January 31. Assuming that Beech Soda uses the LIFO flow assumption, the cost of goods sold to be recorded at January 14 is: QUESTION 2 Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory Jan. 1 Beginning inventory 16 units at a price of $10 each Jan. 11 Purchased inventory 14 units at a price of $12 each f a particular product and its purchases during the month of January were as follows: Jan. 20 Purchased inventory 23 units at a price of $15 each On January 14, Beech Soda, Inc. sold 25 units of this product. The other 28 units remained in inventory at January 31. Assuming that Beech Soda uses the FIFO flow assumption, the cost of goods sold to be recorded at January 14 is: QUESTION 3 Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows: Jan. 1 Beginning inventory 16 units Jan. 11 Purchased inventory= 14 units at a price of $11.95 each ta price of $10 each Jan. 20 Purchased inventory= 23 units at a price of $15 each On January 14, Beech Soda, Inc. sold 25 units of this product. The other 28 units remained in inventory at January 31 Assuming that Beech Soda uses the moving average cost flow assumption, the cost of goods sold to be recorded at January 14 (round cost per unit to nearest whole cent) is