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 350 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 320 8e 100 Unit Cost $ 3.00 3.28 3.34 Required: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. Cost of Goods Sold Periodic FIEO Cost of Goods Available for Sale Inventory Balance # of units Cost per Ending In ending unit Inventory inventory Cost per Cost per # of units Cost of Goods Available for Sale # of units sold Cost of Goods Sold unit Beg. Inventory Purchases January 9 January 25 Total Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method Periodic UFO Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods W of units unit Available for Salo Cost per # of units sold Cost per unit Inventory Balance # of units Ending in ending unit Inventory Inventory Cost of Goods Sold Cost per Beg. Inventory Purchases January 9 January 25 Total 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. Amounts to be deducted should be indicated with a minus sign.) Periodic Weighted Average Cost of Goods Sold Inventory on hand Cost # of units per Inventory unit Value # of units Avg. Cost per sold unit Cost of Goods Sold Beginning Inventory Purchase - January 9 Purchase. January 25 Available for Sale January Sales Total