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. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 320 80 100 Unit Cost $ 3.00 3.20 3.34 Required: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round per unit costs to 2 decimal places. Amounts to be deducted should be indicated with a minus sign.) Periodic Weighted Average Inventory on hand Cost per Inventory # of units unit Value Cost of Goods Sold # of units Avg.Cost per Cost of sold unit Goods Sold 3.00 02 960 320 s 80 s 100 S 256 3.20 3.34 334 Beginning Inventory Purchase - January 9 Purchase - January 25 Available for Sale January Sales Total 500 1,550 0 1,550 5 500 S 0 S 0