A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 440 units Ending inventory at January 31 totals 170 units Beginning inventary on January 1 Purchase on January Purchase on January 25 Units Unit Cost 400 $3.90 90 4.10 120 4.20 Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method. Panosti UFO Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods of Available for units unit Sale 400 $ 3.90 $ 1.560 Cost per # of units sold Cost per unit Cost of Goods Sold Inventory Balance of units Cost per in ending Ending unit Inventory inventory 170 $ 3.90 S 663 0 Beg Inventory Purchases January January 25 Total 90 120 610 410 420 369 504 2.433 0 170 $ $ 0 $ 663