Current Attempt in Progress Karen Company uses the periodic inventory system to account for inventories. Information related to Karen Company's inventory at January 31 is given below: January 1 Beginning inventory 395 units * $11.40 $4,503 8 Purchase 810 units $12.00 9,720 16 Purchase 610 units $12.80 $13,30 2,660 Total units and cost 2015 units $24,691 7.808 24 Purchase 200 units X Value the ending inventory using the weighted average cost method if 600 units remain on hand at January 31. (Round average cost per unit to 2 decimal places, e3.5.25 and final answers to decimal places, es. 2,520.) Ending Inventory Value the ending inventory using the LIFO cost assumption it 600 units remain on hand at January 31. Ending Inventory 5