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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

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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 3.33 Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units Unit Cost 320 $3.08 80 3.20 100 3.34 Book pers 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) Parodie Weighted Average Inventory anhand # of units Cost per bentory unit Value Cost of Goods Sold of units Avg Cost per Cost of sold all Goods Sold 5 0 0 O Beginning inventory Purchase - January Purchase. January 25 Available for Sale January Sale Total 0 $ 0 0 0

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