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Required information Use the following information for the Quick Study below. (Algo) (8-10) [The following information applies to the questions displayed below) A company

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Required information Use the following information for the Quick Study below. (Algo) (8-10) [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 Beginning inventory on January 1 Purchase on January Purchase on January 25 $3.50 Unit Cost 360 O 110 3.70 3.80 1544 QS 6-10A (Algo) Periodic: Inventory costing with weighted average LO P3 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 Avaliable for Cost of Goods Sold of unite Cost per unit Available for of units Cost of Goods sold Sale Average Cost per Unit Cost of Goods Sold of units in ending Inventory Ending Inventory Average Cost Ending Inventory Beginning invertory Purchases January Tota < Prev 9 10 Next >

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