A company reports the following beginning Inventory and two purchases for the month of January, On January 26, the company sells 400 units. Ending Inventory at January 31 totals 150 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 360 80 Unit Cost $ 3.50 3.70 110 3.80 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 Inventory Balance Date of units Cost of Goods Sold of units Cost per Cost of Goods sold unit Sold Cost per of units Inventory unit Cost per unit Balance January 1 January 9 January 25