Required information [The following information opplies to the questions disployed below] A company reports the following beginning inventory and two purchases for the month of January. On Januory 26, the compony sells 350 units. Ending inventory at January 31 totals 150 units issume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are ossigned based he LifO method Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs ore assigned based on the LIFO method