Practice Problem!

A company reports the following beginning inventory and two purchases for the month of January. On January $26,$ the company sells $350$ units. Assume the perpetual inventory system is used. Of the units sold, $300$ are from the beginning inventory, $25$ are from January $9$ purchase, and $25$ are from January $25$ purchase. Determine the costs assigned to ending inventory when costs are assigned based on the Specific Identification method.

$\backslash$table$[[,$Units,Unit Cost$],[$Beginning inventory on January $1,320,$$$3\mathrm{.}00$