Use the following information for the Quick Study below. (Algo) (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. Beginning inventory on January 1 Units 320 Unit Cost $5.00 Purchase on January 9 80 Purchase on January 25 100 5.20 5.34 QS 5-7 (Algo) Perpetual: Inventory costing with weighted average LO P1 Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) Weighted Average Perpetual: Cost of Goods Sold January 1 Goods purchased Date Cost per # of units unit #of units sold Cost per unit Inventory Balance Cost of Goods Sold # of units Cost per unit Inventory Balance QS 5-7 (Algo) Perpetual: Inventory costing with weighted average LO P1 Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned base the weighted average method. (Round your per unit costs to 2 decimal places.) Goods purchased Date of units Cost per unit # of units sold January 1 January 9 Weighted Average-Perpetual: Cost of Goods Sold Cost per Cost of Goods unit Sold Inventory Balance # of units Cost per unit Inventory Balance Average cost January 9 January 25 Average cost January 25 January 26 Total January 26 0.00