Use the following information for the Quick Study below. $($Static$)(5-7)$

$[$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 $350$ units. Ending inventory at January $31$ totals $150$ units.

$\backslash$table$[[$Beginning inventory on January $1,$Units,Unit Cost$],[$Purchase on January $9,320,$$$3\mathrm{.}00$