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the following beginning inventory and two purchases for the month of January. On January 26, the company sells 310 units. Ending inventory at January 31 totals 130 units. Units Unit Cost 280 $%2.60 Beginning inventory on January 288 Purchase on January 9 Purchase on January 25 2.80 1 2.94 Required: Assume LIFO the perpetual invent d. Determine the costs assigned to ending inventory when costs are assigned based on Perpet FO purchased #of units Cost per Inventory Cost per units Cost per Cost of Date Sold # of units unit 280s 2.60s 728 280s 2.60 728 168 S 896 2.80 60|@| $ 2.801 25 100 2.94 280| @S 2.60 =| $ 728 168 294 $ 1,190 602.80 100 2.94 $ 2.801 = $ 2.80 26 @ S 2.80| 310|@ S 2.60!= 806130 2.80 364 $ 364 Beginning inventory on January 280 $2.68 60 2.80 10 2.94 Purchase on January 9 Purchase on January 25 Required Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) 3 Answer is complete but not entirely correct ual: Cost | per Cost per Cost #of units Date # of units sold Cost of Goods Sold # of units Inventory Balance 280 |@ ($2.60 280s 260 340 S 728.00 728.00 168.00 896.00 60 2.80 S 2.64 280s 2.64S 73920 25 100 | @ 2.94 60 32.94 340S 2.94 3 130 176.40 S 915,60 310@ 2.70 S 351.00 837.00 26 351.00 837.00

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