A company reports the following beginning inventory and two purchases for the month of January On January 26, the compariy 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 6e 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 the FIFO method Perpetual FIFO: Goods nutchased of Date unit Inventory Balance Cost per Cost of Goods Solid #ot units Cost per Cost of Goods sold Sold Cost per of units Inventory Balance January 1 January 9 0.00 January 25