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. Unit Cost $ 3.80 Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 320 80 100 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. Cost of Goods Sold Inventory Balance Perpetual LIFO: Goods purchased Date # of Cost per units unit #of units sold Cost per unit Cost of Goods Sold # of units Cost per unit Inventory Balance January 1 January $ 0 January 25 January 28 Totals