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O Required information Use the following information for the Quick Study below. (Algo) (5-7) (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 310 units. Ending Inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 280 60 100 Unit Cost $ 2.60 2.80 2.94 Date Goods purchased Cost #of units per unit #of units sold Perpetual FIFO Cost of Goods Sold Cost Cost of per unit Goods Sold Inventory Balance Cost Inventory # of units per unit Balance 280 at $ 2.60 = $ 728.00 January 1 60 at $ 2.80 January 9 = 280 60 at ot $ 2.60 $ 2.80 Total January 9 100 at $ 2.94 $ 728.00 168.00 $ 896.00 $728.00 168,00 294.00 $ 1.190,00 280 at $ 2.60 60 at $ 2.80 100 $ 2.94 January 25 Total January 25 January 26 13 at 1 at 1 at $ 260 $ 2.80 $ 2.94 $ 2.60 2.80 294 220 at 60 at 310 Xat $ 2.60 $ 2.80 $ 2.94 2 572.00 168.00 911.40 $ 1,651.40 Total January 26 $ 8.34