A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 360 units. Ending inventory at January 31 totals 130 units Units Unit Cost Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 320 70 100 $3.10 3.30 3.40 Required: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method eriodic FIF Cost of Goods Available for Sale Cost of Goods Sold Inventory Balance #of Cost per Available for units Cost of Goods | # of units # of units Ending Inventory Cost Cost of Cost per unit per unit Goods Sold in ending inventory unit sold Sale Beg. Inventory 3203.10$ 992 Purchases January 9 January 25 70 100 490 231 340 1,563 3.30 3.40 Total 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 Units Unit Cost Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 360 80 110 $3.50 3.70 3.80 Required: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method Periodic LIFO Cost of Goods Available for Sale Cost of Goods Sold Inventory Balance #of Cost per Available for units Cost of Goods l # of units # of units i Cost per Ending Inventory C Cost of Goods Sold in ending os t per unit unit sold unit Sale inventory Beg. Inventory Purchases January 9 January 25 Total A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 370 units. Ending inventory at January 31 totals 150 units Units Unit Cost Beginning inventory on Purchase on January 9 Purchase on January 25 330 80 110 $3.20 3.40 3.50 January 1 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 3 decimal places. Amounts to be deducted should be indicated with a minus sign.) Periodic Weighted Average Inventory on hand Cost of Goods Sold Cost per unit Inventory | # of units Cost of Goods Sold # of units Cost per unit Value sold Beginning Inventory Purchase January 9 Purchase January 25 Available for Sale January Sales Total