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. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units Unit Cost 320 $ 3.00 Be 3.20 100 3.34 Required: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round per unit costs to 2 decimal places. Amounts to be deducted should be indicated with a minus sign.) Periodic Weighted Average Cost of Goods Sold of units Avg. Cost per Cost of sold unit Goods Sold Beginning Inventory Purchase - January 9 Purchase January 25 Available for Sale January Sales Total Inventory on hand Cost per w of units Inventory unit Value 320 $ 3.00 $ 960 805 3.201 256 1001s 3.341 334 500 1,660 0 500 $ 1.560 $