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A Company's Inventory Records Indicate the Following Data for the Month

question 4

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A company's inventory records indicate the following data for the month of January:
 Jan. 1 beginning 180 units at $9 each  Jan. 5 purchased 170 units at $10 each  Jan. 9 sold 300 units at $35 each Jan. 14 purchased 200 units at $11 each  Jan. 20 sold 150 units at $35 each  Jan. 30 purchased 230 units at $12 each \begin{array} { | l | l | l | } \hline \text { Jan. } 1 & \text { beginning } & 180 \text { units at } \$ 9 \text { each } \\\hline \text { Jan. } 5 & \text { purchased } & 170 \text { units at } \$ 10 \text { each } \\\hline \text { Jan. } 9 & \text { sold } & 300 \text { units at } \$ 35 \text { each } \\\hline \text {Jan. } 14 & \text { purchased } & 200 \text { units at } \$ 11 \text { each } \\\hline \text { Jan. } 20 & \text { sold } & 150 \text { units at } \$ 35 \text { each } \\\hline \text { Jan. } 30 & \text { purchased } & 230 \text { units at } \$ 12 \text { each } \\\hline\end{array}
If the company uses the last-in,first-out perpetual inventory system,what would be the cost of the ending inventory?

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Definitions:

Restaurant Meal Delivery

A service that transports prepared meals from a restaurant to a customer's home or office, often facilitated by online platforms or apps.

Profit Margin Percentage

A financial metric expressing the ratio of a company's net income to its revenue, indicating the efficiency at which a company can convert sales into net income.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Segment Profitability

The measure of profit or loss generated by a specific market segment, indicating its financial viability.

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