Question: Required information Use the following information for the Quick Study below. (Algo) (5-7) [The following information applies to the questions displayed below.] A company reports

 Required information Use the following information for the Quick Study below.(Algo) (5-7) [The following information applies to the questions displayed below.] A

Required information Use the following information for the Quick Study below. (Algo) (5-7) [The following information applies to the questions displayed below.] A company reports the following beginning inventory and two purchases for the month of January. On January 26 , the company sells 260 units. Ending inventory at January 31 totals 120 units. 2S 5-7 (Algo) Periodic: Inventory costing with weighted average LO P3 ssume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on he weighted average method. lote: Round per unit costs to 2 decimal places. Answer is not complete

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