3 Part 2 of 3 10 points A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 430 units. Ending inventory at January 31 totals 170 units. Beginning inventory on January 1 Purchase on January 9 Units 390 90 Unit Cost Purchase on January 25 120 $ 3.80 4.00 4.10 Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method. Answer is not complete. Perpetual LIFO: Goods purchased Cost of Goods Sold Inventory Balance Date # of units Cost per # of units sold unit Cost per unit Cost of Goods Sold # of units Cost per unit Inventory Balance January 1 390 at $ 3.80 |= $ 1,482 90 at $ 4.00 390 at $ 3.80 = $ 1,482 January 9 90 at $ 4.00 = 360 Total January 9 $ 1,842 120 at $ 4.10 January 25 Total January at S 3.80 at $ 4.00 |= 120 at 4.10 492 $ 492 25 January 26 Total January 26 120 at $ 4.10 90 at $ 4.00 at $ 3.80 """ $ 492 at S 3.80 = 360 at 4.00 = 0 at 4.10 S 852