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 310 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 5 Purchase on January 25 Units 280 Unit Cost 60 100 $2.60 2.80 2.94 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.) Weighted average - Periodic Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods # of units Cost per unit Available for #of units sold Sale Average Cost per Unit Cost of Goods Sold # of units in ending inventory Average Cost Ending per unit Invenubry Beginning inventory Purchases January 9 January 25 Total 01 $ 0 $ 0.00 $ 0.00 < Prev #8 13 of 43 Next >