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9. Required information Use the following information for the Quick Study below. (Algo) (5-7) A company reports the following beginning inventory and two purchases for

9.

Required information

Use the following information for the Quick Study below. (Algo) (5-7) A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 350 units. Ending inventory at January 31 totals 150 units.

Units Unit Cost
Beginning inventory on January 1 320 $ 3.30
Purchase on January 9 80 3.50
Purchase on January 25 100 3.64

QS 5-7 (Algo) Perpetual: Inventory costing with weighted average LO P1

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.)

Answer is not complete.

Weighted Average - Perpetual:
Date Goods purchased Cost of Goods Sold Inventory Balance
# of units Cost per unit # of units sold Cost per unit Cost of Goods Sold # of units Cost per unit Inventory Balance
January 1 not attempted 320selected answer correct at $3.30selected answer correct = $1,056.00
January 9 80selected answer correct at $3.50selected answer correct 320selected answer correct at $3.30 = $1,056.00
80selected answer correct at $3.50 = 280.00
Average cost January 9 400 at ? $1,336.00
January 25 100selected answer correct at $3.64selected answer correct ? at $0.00
100selected answer correct at $3.64 = 364.00
Average cost January 25 100 at ? $364.00
January 26 ? not attempted ? ? =
Total January 26

Please help me with the question marks.

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