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 320 80 100 Unit Cost $ 3.00 3.2e 3.34 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned bas the FIFO method Goods purchased Perpetual FIFO Cost of Goods Sold #of units Cost per Cost of Goods sold unit Sold Date Cost per Triventory Balance Inventory #of units Balance # of units Cost per unit January 1 January 9 Total January 9 Perpetual FIFO Cost of Goods Sold Goods purchased Date Cost per Cost per # of units sold # of units Inventory Balance # of units Inventory Balance Cost per Cost of Goods unit Sold unit January 1 January 9 Total January 9 January 25 Total January 25 January 26 Total January 26