Question: Requlred 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

Requlred 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 420 units. Ending inventory at January 31 totals 170 units. S 6-6 (Algo) Perpetual: Inventory costing with LIFO LO P1 ssume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on ie LIFO method

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