Question part 1

question part 2

question part 3

Required information (The following information applies to the questions displayed below) Chase Co. uses the perpetual inventory method. The inventory records for Chase reflected the following information: Jan 1 Jan 12 Jan 18 Jan 21 Jan 25 Jan 31 Beginning inventory Purchase Sales Purchase Purchase Sales 800 units @ $3.30 900 units @ $3.10 1,000 units @ $4.Be 800 units @ $3.40 600 units @ $3.20 950 units @ $4.80 Assuming Chase uses a LIFO cost flow method, what is the amount of cost of goods sold for the sales transaction on January 18? Multiple Choice $3120 $3,300 53.100 $3260 Required information (The following information applies to the questions displayed below.) Chase Co. uses the perpetual inventory method. The inventory records for Chase reflected the following information: Jan 1 Jan 12 Jan 18 Jan 21 Jan 25 Jan 31 Beginning inventory Purchase Sales Purchase Purchase Sales 800 units @ $3.30 900 units @ $3.10 1,000 units @ $4.80 800 units @ $3.40 600 units @ $3.20 950 units @ $4.80 Assuming Chase uses a FIFO cost flow method, what is the cost of goods sold for the sales transaction on January 31? Multiple Choice $3.020 $3,790 53105 $3245 Required Information (The following information applies to the questions displayed below) Chase Co. uses the perpetual inventory method. The inventory records for Chase reflected the following information: Jan 1 Jan 12 Jan 18 Jan 21 Jan 25 Jan 31 Beginning inventory Purchase Sales Purchase Purchase Sales 800 units @ $3.30 900 units @ $3.10 1,000 units @ $4.80 800 units @ $3.40 600 units @ $3.20 950 units @ $4.80 Assuming Chase uses a FIFO cost flow method, what is the ending inventory on January 31? Multiple Choice O $2,020 $2.345 $2.080 $3.790