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 290 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 otal Beginning inventory Purchases: 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. January 9 January 25 Goods Available for Sale Units 260 60 100 # of units Cost per unit Unit Cost $ 2.40 2.60 2.74 Weighted average - Periodic Cost of Goods Available for Sale Cost of Goods Sold # of units sold Average Cost per Unit Cost of Goods Sold # 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 290 units. Ending inventory at January 31 totals 130 units. iume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on weighted average method. e: Round per unit costs to 2 decimal places