Question: Remaining Time: 1 hour, 08 seconds. Question Completion Status: TUTTU 5 points Ace Systems, Inc. uses a perpetual inventory system. The company's beginning inventory of

Remaining Time: 1 hour, 08 seconds. Question Completion Status: TUTTU 5 points Ace Systems, 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: Quantity Unit Cost Total Cost 10 $27.50 $275 Beginning inventory jan. 1). 15 520.00 $420 Purchase an. 15)...... $29.00 5145 Purchase (Jan. 23) 10 50 Total On January 23. Ace Systems sells 18 units of this product. The other 12 units remain inventory atary Assuming that Ace Systems uses the UFO flow assumption, the 12 units of this product in inventory at January 3t have a total costat 533 SA DELL Total 30 $840 On January 28, Ace Systems sells 18 units of this product. The other 12 units remain in inventory at January 31. Assuming that Ace Systems uses the LIFO flow assumption, the 12 units of this product in inventory at January 31 have a total cost of: 5331 5499 5502 5336 DELL Doon Pgup Delete Insert PrtScr F12 F11 F10 F9 FB F7 F6 FS P F4 Num Lock
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