A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 450 units. Ending Inventory at January 31 totals 170 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 410 90 120 Unit Cost $4.00 4.20 4.30 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending Inventory when costs are assigned based on the FIFO method. Perpetual FIFO Goods purchased Cost per Cost of Goods Sold #of units Cost per Cost of Goods unit sold Sold Inventory Balance Cost per Inventory # of units unit Balance #of units Date unit January 1 January January 25 January 20 Totals