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Required information

Use the following information for the Quick Study below. $($Algo$)(8-10)$

$[$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 $340$ units. Ending inventory at January $31$ totals $140$ units.

QS $5-10$A $($Algo$)$ Periodic: Inventory costing with weighted average LO P$3$

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

the weighted average method.

Note: Round per unit costs to $2$ decimal places.