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. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 310 70 100 Unit Cost $ 2.90 3.10 3.24 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 Inventory Balance of units Date Cost per Cost of Goods Sold #of units Cost per Cost of unit sold Goods Sold of units Cost per unit Inventory Balance unit January January $ 0.00 January 25 January 20 Totals