A company reports the following beginning inventory and two purchases for the month of January. On January $26,$ the company sells $410$ units. Ending inventory at January $31$ totals $150$ units.Use the following information for the Quick Study below. $($Algo$)($b$-/)$

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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 $410$ units. Ending inventory at January $31$ totals $150$ units.

$\backslash$table$[[,$Units,Unit Cost$],[$Beginning inventory on January $1,370,$$$3\mathrm{.}60$

Units Unit Cost

Beginning inventory on January $1370$ $ $3\mathrm{.}60$

Purchase on January $9803\mathrm{.}80$

Purchase on January $251103\mathrm{.}90$