Required information A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 660 units. Ending inventory at January 31 totals 330 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units Unit Cost 650 $2.00 140 5.00 200 4.00 Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on LIFO. Perpetual LIFO: Goods purchased Inventory Balance Cost per Inventory # of units unit Balance Cost of Goods Sold # of Cost per units Cost of unit sold Goods Sold # of units Date Cost per unit January 1 January 9 January 25 January 26 Totals