Question: We have the following information: every point 5 Quantity Unit Cost Total Cost Jan. 1 Inventory Jan. 10 Purchases 400 Jan. 15 Sales Jan.

600We have the following information: every point 5Quantity Unit Cost Total CostJan. 1 Inventory10.00 6,000Jan. 10 Purch

We have the following information: every point 5 Quantity Unit Cost Total Cost Jan. 1 Inventory Jan. 10 Purchases 400 Jan. 15 Sales Jan. 18 sales Account required: 1- the cost of inventory under the perpetual inventory system (FIF0) (the cost of inventory under the periodic inventory system (FIFO -2 600 10.00 6,000 11.00 4,400 3,900 300 13.00 500 14.00 7,000

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