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 January 9 Purchase on January 25 Units 250 60 100 Unit Cost $ 2.30 2.50 2.64 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on LIFO. Perpetual LIFO: Goods purchased # of Cost per Date units unit Cost of Goods Sold Cost per Cost of Goods unit Sold # of units sold Cost per Inventory Balance Inventory # of units unit Balance nces January 1 January 9 January 25 January 26 Totals