Chapter 5 homework i Saved Help Save & Exit Submit Check my work A company reports the following beginning inventory and two purchases for the month of January, Un January 26, the company sells 410 units. Ending inventory at January 31 totals 150 units. Units 370 80 110 Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Unit Cost $ 3.60 3.80 3.90 30 points eBook Required: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method. Hint Print Periodic LIFO References Cost of Goods Available for Sale Cost of Goods Sold Cost of Goods. # of units Cost per Cost of units unit Sale | sold unit Goods Sold 370 $ 3.60 $ 1,332 # of Inventory Balance # of units Cost per Ending in ending unit Inventory Cost per Available for Beg. Inventory Purchases: January 9 January 25 Total 80 110 560 3.80 3.90 | 304 429 2,065 $ 0 $ 00 IS 0 Mc Graw