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 390 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Beginning inventory Purchases: QS 5-10A (Algo) Periodic: Inventory costing with weighted average LO P3 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. January 9 January 25 Total Goods Available for Sale Units 350 80 110 # of units Cost per unit Unit Cost $ 3.40 3.60 3.70 Weighted average - Periodic Cost of Goods Available for Sale # of units sold Cost of Goods Sold Average Cost per Unit Cost of Goods Sold # of units in ending inventory Ending Inventory Average Cost per unit Ending Inventory

Required informotion 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 390 units. Ending inventory at January 31 totals 150 units. QS 5-10A (Algo) Periodic: Inventory costing with weighted average LO P3 Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned bused on the weighted average method. Note: Round per unit costs to 2 decimal places