! Required information Use the following information for the Quick Study below. (Algo) 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, Unite 360 Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Unit Cost $3.50 3.70 3.00 110 Periodic Weighted Average Cost of Goods Sold Inventory on hand Cost per # of units Inventory unit Value # of units sold Avg. Cost per unit Cost of Goods Sold 3.500 $ 1,260 3.700 3.800 Beginning Inventory Purchase - January 9 Purchase - January 25 Available for Sale January Sales Total 360 $ 80$ 110 $ 550 (400) 150 296 418 1,974 0 $ 0 400 400 0.000 $ $ $ 1,974 0