Question: Please help answer these two charts regarding based on the FIFO method and the average charts. Required information [The following information applies to the questions

Required information [The following information applies to the questions displayed betow) A company reports the following beginning inventory and two purchases for the month of January. On January 26 . the company sells 340 units. Ending inventory at Jantary 31 totals 140 units Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method, (Round your per unit costs to 2 decimal ploces.) Required information The following information applies fo the questions displayed below] A company reports the following beginning inventory and two purchases for the month of lanuary. On January 26 , the compary sells 340 units. Ending inventory at January 31 totats 140 units: 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 2 decimal places.)
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