Help Save & Exit Sub A company reports the following beginning inventory and two purchases for the month of January on January 26, the company sells 420 units Ending inventory at January 31 totals 170 units. Units Unit Cost Beginning inventory on January 1 380 $ 3.70 Purchase on January 9 3.90 Purchase on January 25 12e 4.00 9e Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. Perpetual FIFO: Goods purchased Inventory Balance Cost of Goods Sold Cost per Cost of Goods unit Sold Cost per of units Cost per unit Inventory Balance Date of units sold # of units unit January 1 January 9