Remaining Time: 1 hour, 13 minutes, 02 seconds. Question Completion Status: $566,444 QUESTION 5 A company purchased Inventory for $2.500 from a vendor on account. FOB shipping point with terms of 2/10, 1/30. The company paid the shipper $242 cash for freight in. The company then retumed damaged goods worth $400. The invoice was then paid eight days after the invoice date. Assuming that there was no beginning inventory balance, the cost of inventory would be (Assume a perpetual inventory system) $2.450 $2,258 $2,300 $2.058 QUESTION 6 Which of the following inventory costing methods is based on the actual cost of each particular unit of inventory? specific identification first-in, first-out weighted average last in first-out QUESTION 7 Click Save and submit to save and submit Click Save All Answers to save all ans Save All Answers Close W MacBook BO YE 13 * # 3 $ 4 % 5 & 7 1 2 6 8 9 0 Q W E R T Y U 0 A S D F G I L v D 2