est Ch 4,5&6 Help Save & Exit 19 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 Deginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 320 TO 100 unit coat $ 3.10 2.30 3.40 ebook Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method Prus Perpetual FIFO: Goods purchased #of units sold Cost per Cost of Goods Sold Cost per Cost of Goods unit Sold Inventory Balance Cost per Inventory of units Balance units unit January 1 January $ 0.00 January 25 January 26 Total MEDECORAT