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 400 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 360 80 110 Unit Cost $ 3.50 3.70 3.80 Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. (Round your per unit costs to 2 decimal places.) Periodic FIFO Cost of Goods Available for Sale Cost of Goods Sold Inventory Balance # of units Cost per unit Cost of Goods Available for # of units # of units sold Cost per unit Cost of Goods Sold Sale in ending inventory Cost per unit Ending Inventory Beginning Inventory $ 0 Purchases: January 9 January 25 Total 0 0 0 $ 0 0 0 0 0