QS 5-6 Perpetual: Inventory costing with weighted average LO P1 A company reports the following beginning inventory and two purchases for the month of January, On January 26, the company sells 250 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January Purchase on January 25 Units 230 50 100 Unit Cost $2.00 2.20 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) Answer is not complete. Weighted Averron. Perpetual Goods purchased # of Inventory Balance Cost of Goods Sold Cost # of units Coat of sold Goods Sold unit Cool per unit of units per Cost per unt Date Inventory Balance January 230 @ $ 2.00 $ 460.00 January 5200 $460.00 50 $ 2.20 2300 500 $ 220 110.00 !!! {&&18 280 $570.00 Average cost January Prav 5 of 8 Next > Return Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) Answer is not complete. Welahted Average - Perpetual Goods purchased Cost Cost of Goods Sold Cost # of units Cost of per sold unit Goods Sold # of units Date por unit Per Inventory Balance Cost # of units Inventory Balance unit 230 @ $ 2.00 $ 460,00 January 1 January 501 $ 2.20 230 $ 460.00 $ 2.00 S 220 50 10 110.00 S 570.00 280 @ Average cost January 25 100 8 $ 2.34 280 > @@@@ 100 $ 2.34 $ 2.00 234.00 $ 234,00 380 Average cost 250 $ 2.19 January 26 Totals $547.50 $547.50