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. Units Unit Cost Beginning inventory on January 1 280 $ 2.60 Purchase on January 9 60 Purchase on January 25 100 2.80 2.94 QS 5-7 (Algo) Periodic: Inventory costing with weighted average LO P1 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 3 decimal places. Amounts to be deducted should be indicated with a minus sign.) Answer is not complete. Periodic Weighted Average Inventory on hand Cost of Goods Sold # of units Cost per unit Inventory Value # of units Cost of Avg. Cost per unit Goods sold Sold Beginning Inventory 280 $ 2.600 $ 728 Purchase January 9 60 $ 2.800 168 Purchase January 25 100 $ 2.940 294 Available for Sale 440 1,190 January Sales (310) 0 310 $ 0.000 $ 0 Total 130 $ 1,190 310 $ 0