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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

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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 selis 350 units. Ending inventory at January 31 totals 150 units: ssume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned he weighted average method. (Round per unit costs to 2 decimal places.) Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round per unit costs to 2 decimal places.)

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