A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 270 units. Ending Inventory at January 31 totals 130 units. Beginning inventory on January 1 Units 240 Unit Cost $ 2.20 Purchase on January 9 Purchase on January 25 60 100 2.40 2.54 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 of Date # of units Cost per unit units sold Cost per Cost of Goods unit Sold of units Inventory Balance Cost per unit Inventory Balance January 1 January 9 January 25 January 20