Help Save & Exit Subm o Check my work A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 300 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 270 60 100 Unit cost $ 2.50 2.70 2.84 ok 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.) t ces Periodic Weighted Average Inventory on hand Cost of Goods Sold # of units Cost per unit Inventory Value # of units sold Avg.Cost per unit Cost of Goods Sold 270 $ 2.500 $ 675 60 $ 162 100 $ Beginning Inventory Purchase - January 9 Purchase - January 25 Available for Sale January Sales Total 2.700 2.840 2.607 284 430 $ 1.121 782 $ 300 2.607 300 $ 300 0 730 $ 1.903