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. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 379 89 110 Unit Cost $ 3.60 3.80 3.90 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. Inventory Balance Perpetual FIFO: Goods purchased # of Date Cost per units unit Cost of Goods Sold # of Cost of units sold unit Goods Sold Cost per # of units Cost per unit Inventory Balance January 1 January 0 January 25 January 26 Totals