A company reports the following beginning Inventory and two purchases for the month of January. On January 26, the company sells 260 units. Ending Inventory at January 31 totals 120 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Periodic Weighted Average Beginning inventory Purchase January 9 Purchase January 25 Required: 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.) Available for Sale January Sales Total # of units Units 230 50 100 Unit Cost $ 2.10 230 $ 50 S Inventory on hand Cost per unit 380 2.30 2.44 100 $ 2.440 380 Inventory Value 2100 S 2.300 $ 483 115 244 842 0 842 Cost of Goods Sold of units Avg Cost per sold unit 0 Cost of Goods Sold 5