A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 400 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 1 Purchase on January 91 Purchase on January 25 Units 360 Unit Cost $ 3.50 80 110 3.70 3.80 QS 5-5 (Algo) Periodic: Inventory costing with FIFO LO P3 Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based or the FIFO method. Note: Round your per unit costs to 2 decimal places. Periodic FIFO Cost of Goods Available for Sale Cost of Goods Sold Inventory Balance Number of Number of units Cost per unit Cost of Goods Available for Number of units sold Cost per unit Cost of Goods Sold Sale units in ending Inventory Cost per unit Ending Inventory Beginning Inventory 360 $ 3.50 $ 1,260 Purchases: January 9 80 3.70 296 January 25 110 3.80 418 Total 550 $ 1,974 0 $ 0 0 $ 0