a company reports the owint beginning inventory and two purchases for the month of january. on january 26, the company sells 250 units. ending the inventory at january 31 totals 130 units

REQUIRED: assume the perpetual inventory system is used. determine the costs assugned to the ending inventory when costs are assigned based on the weighted average method.

(round your per unit costs to 2 decimal places)

A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sell 250 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units Unit Cost 230 $ 2.00 502.20 100 2.34 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending Inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) Weighted Average - Perpetual: Goods purchased Date # of st per units unit January 1 Cost of Goods Sold units Cost per Cost of Goods sold unit Sold of Cost per Inventory Balance of units Cost per Inventory unit Balance 230 @ $ 2.00 - S 460.00 January 9 Average cost January 26 $ 0.00 x Average cost January 26 Totals