$16$

A company reports the following beginning inventory and two purchases for the month of January. On January $26,$ the company sells $410$ units. Ending inventory at January $31$ totals $150$ units.

Part $3$ of $3$

Beginning inventory on January $1$

Purch$$se on January $9$

Purchase on January $25$

Units

$370$

$80$

$110$

Unit Cost

$$3\mathrm{.}60$

$3\mathrm{.}80$

$3\mathrm{.}90$

QS $5-7($Algo$)$ Perpetual: Inventory costing with weighted average LO P$1$

Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method.

Note: Round your per unit costs to $2$ decimal places.

$\backslash$table$[[$Weighted Average $-$ Perpetual:$],[$Date$,$Goods purchased,Cost of Goods Sold,Inventory Balance$],[$# of units,$\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$# of$],[$units$],[$sold$]],\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$Cost of Goods$],[$Sold$]],$# of units,Cost per unit,Inventory Balance$],[$January $1],[$January $9],[,,,,,,,,],[$Average cost January $9,,,,,,,0\mathrm{.}00],[$January $25],[,,,,,,,,],[$Average cost January $25],[$January $26],[$Total January $26,,,,,,,,]]$

of $22$