Units sald at Retail Units Acquired at Dont 205 units $13.00 = $2,665.docx

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Units sald at Retail Units Acquired at Dont 205 units $13.00 = $2,665 165 units $22.00 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 140 [email protected] $12.00 - 1,680 145 units $22.00 310 [email protected] $11.50 = 655 units 3,565 $7,910 310 unitsThe Company uses a perpetual inventory system. For specificidentification, ending inventory consists of 345 units, where 310 are from the January 30 purchase, 5 are from the January 20 purchase, and 30 are from beginning inventory. Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. to ending inventory and to cost of goods sold using weighted average. 3. Determine the cost assigned to

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