A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 340 units. Ending inventory at January 31 totals 140 units Units Unit Cost Beginning inventory on Purchase on January 9 Purchase on January 25 $2.90 3.10 3.24 January l 310 70 100 Required: Assume the perpetual inventory system is used and then determine the costs assigned to ending inventory when costs are assigned based on the FIFO method Perpetual FIFO Goods purchased Cost of Goods Sold Inventory Balance Cost per unit #of units sold Cost per Inventory Balance Date Cost per Cost of Goods # of units units unit Sold unit January 1 January 9 $0.00 January 25 January 26 Totals