A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 390 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Total Beginning inventory Purchases: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. Note: Round per unit costs to 2 decimal places. January 9 January 25 Goods Available for Sale # of units Cost per unit 0 Units 350 80 110 $ Cost of Goods Available for Sale Unit Cost $ 3.40 3.60 3.70 Weighted average - Periodic 0 Cost of Goods Sold Average Cost per Unit # of units sold Cost of Goods Sold $ 0.00 # of units in ending Inventory Ending Inventory Average Cost per unit Ending Inventory S 0.00

Required information [The following information applies to the questions displayed below] A company reports the following beginning inventory and two purchases for the month of January, On January 26 , the company selis 390 units. Ending inventory at January 31 totals 150 units. Assume the periodic inventory system is used. Determine the costs assigned to ending Inventory when costs are assigned based an the weighted average method. Note: Round per unit costs to 2 decimal places