Part 1 of 3 12.5 points eBook Required information [The following information applies to the questions displayed below.] A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 420 units. Ending inventory at January 31 totals 170 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units Unit Cost 380 90 120 $ 3.70 3.90 4.00 Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. (Round your per unit costs to 2 decimal places.) Hint Periodic FIFO Cost of Goods Available for Sale Cost of Goods Print # of units Cost per Available for unit # of units sold Cost per unit Cost of Goods Sold Cost of Goods Sold Sale Beginning Inventory 400 $ 3.90 $ 1,560 References Purchases: January 9 90 4.10 January 25 120 4.20: 369 504 Total 610 EA $ 2,433 S Inventory Balance # of units in ending inventory Cost per unit Ending Inventory 380 380 $ 4.10 $ 1,558 90 4.20 378 3 0 850 $ 1,936