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 310 units Ending Inventory at January 31 totals 130 units. Beginning inventory on January 11 Purchase on January 9 Purchase on January 25 Unita 280 100 Unit Cont 5.2.60 2.80 2.94 QS 6-9A (Algo) Periodic: Inventory costing with LIFO LO P3 Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method. (Round your per unit costs to 2 decimal places.) Periodic LIFO Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods of units Cost per Inventory Balance Bof units Cost per Ending In ending unit Inventory Inventory W of units Cost per unit Cost of Goods Sold sold unit Available for Sale 2.60 $ 728 280 $ Beginning Inventory Purchases January January 25 Total 60 100 440 2.80 2.94 168 294 1,190 0 $ $ 0 $ 0 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 310 units Ending Inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January Purchase on January 25 Units 280 60 100 Unit cost $ 2.60 2.80 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 welghted average method. (Round per unit costs to 2 decimal places.) Weighted average - Periodic Goods Available for Sale Cost of Goods Sold Cost of Goods Average Cost of of units of units Cost per unit Available for Cost per sold Sale Unit Goods Sold Ending Inventory # of units Ending Average Cost in ending per unit Inventory Inventory Beginning inventory Purchases January 9 January 25 Total $ 0.00 $ 0.00 0 $ 0