A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 410 units. Ending inventory at January 31 totals 150 units. Units Unit Cost Beginning inventory on January 1 370 $3.60 Purchase on January 9 80 3.80 Purchase on January 25 110 3.90 QS 5-7 (Algo) Periodic: Inventory costing with weighted average LO P1 Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round per unit costs to 3 decimal places. Amounts to be deducted should be indicated with a minus sign.) Periodic Weighted Average Inventory on hand Cost of Goods Sold # of units Cost per unit Inventory Value # of units sold Avg. Cost per unit Cost of Goods Sold Beginning Inventory 370 $ 3.600 $ 1,332 Purchase January 9 80 $ 3.800 304 Purchase - January 25 110 $ 3.900 429 Available for Sale 560 $ 3.688 2,065 January Sales Total (410) $1,512.080 (619,953) 410 150 $ (617,888) 410 $ 1,512.080 $ 619,953 $ 619,953