Required information$\backslash$table$[[$Perpetual FIFO:$],[$Date$,$Goods purchased,Cost of Goods Sold,Inventory Balance$],[$# of units,$\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$# of$],[$units$],[$sold$]],\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$Cost of Goods$],[$Sold$]],$# of units,$\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$Inventory$],[$Balance$]]],[$January $1,,,,,,],[$January $9],[$Janualy $9,,,,,,,,],[$Total January $9,,,,,,,,0\mathrm{.}00],[,,,,,,,,],[$January $25],[$Total January $25],[,,,,,,,,],[$January $26],[$Total January $26,,,,,,,,]]$

$[$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 $270$ units. Ending inventory at January $31$ totals $130$ units.

Units Unit Cost

Beginning inventory on January $1240$ $ $2\mathrm{.}20$

Purchase on January $9602\mathrm{.}40$

Purchase on January $251002\mathrm{.}54$

Required:

Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method.