A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 260 units. Ending inventory at January 31 totals 120 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 January 1 Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. Note: Round your per unit costs to 2 decimal places. Date January 9 Average cost January 9 January 25 Average cost January 25 January 26 Total January 26 Goods purchased # of units Units 230 50 100 Cost per unit Unit Cost $ 2.10 2.30 2.44 Weighted Average - Perpetual: Cost of Goods Sold # of units sold Cost per unit Cost of Goods Sold # of units Inventory Balance Cost per unit Inventory Balance $ 0.00

A company reports the following beginning inventory and two purchases for the month of January On January 26. the company sells 260 units. Ending inventory at January 31 totals 120 units. ssume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based le weighted average method. lote: Round your per unit costs to 2 decimal places