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A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 330 units. Ending inventory at January 31 totals 140 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Unit Cost $ 2.80 Units 300 70 100 w 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.) Periodic Weighted Average Inventory on hand Cost of Goods Sold Cost per # of units Inventory Value # of units sold Avg.Cost per unit Cost of Goods Sold unit $ 01 Beginning Inventory Purchase - January 9 Purchase - January 25 Available for Sale 0 MU 6 Next