A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 350 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 1 Purchase on January 9 Units 320 80 Unit Cost $ 3.00 Purchase on January 25 100 3.20 3.34 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on LIFO. Perpetual LIFO: Goods purchased Cost of Goods Sold Inventory Balance # of Date # of units Cost per unit units sold Cost per Cost of Goods unit # of units Sold Cost per unit Inventory Balance January 1 January 9 January 25 January 26 Totals @ $ 3.00 = 0 $ 0