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A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 280 units. Ending inventory

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A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 280 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on Jay 9 Purchase any 25 Required: Assume the periodic Inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the UFO method Periods UFO Cost of Goods Arabie for Sale Cost of Goods Sold Inny Balance tous of Cost per cost of Goods Available for of units sold Cost per unit Cost of Goods Sold Cost per Ending Inventory units wit Beg. Inventory 250 $ 2.30 S 575 100 2.64 264 590005 Forsinko skype-31580 4000 0 0 POWXRO SE MacBook Air 20

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