! 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 300 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Total Beginning inventory Purchases: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. Note: Round per unit costs to 2 decimal places. January 9 January 25 Goods Available for Sale Number of units Units 270 60 100 Cost per unit Unit Cost $ 2.50 2.70 2.84 Weighted average - Periodic Cost of Goods Available for Sale Number of units sold Cost of Goods Sold Average Cost per Unit Cost of Goods Sold Number of units in ending inventory Ending Inventory Average Cost per unit Ending Inventory

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 300 units. Ending inventory at January 31 totals 130 units. Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on he weighted average method. Note: Round per unit costs to 2 decimal places