Question: Required Information Use the following information for the Quick Study below. (Algo) (5.7) The fonlowng information appines to the questions displayed beiow} A company reports

 Required Information Use the following information for the Quick Study below.

Required Information Use the following information for the Quick Study below. (Algo) (5.7) The fonlowng information appines to the questions displayed beiow\} A company reports the foalowing beginning inventory and two purchases for the month or January On January 26 , the company sells 360 unts. Ending inventory at January 31 totals 130 units QS 6-5 (Algo) Perpetual: Inventory costing with FIFO LOP1 Required; Assume the perpetual inventory system is usea Determine the costs assigned to enaing inventory when costs are assigned based on the.FFO method

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