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 280 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units Unit Cost 250 60 100 $ 2.30 2.50 2.64 QS 5-9A (Algo) Periodic: Inventory costing with LIFO LO P3 Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method. (Round your per unit costs to 2 decimal places.) Periodic LIFO Cost of Goods Available for Sale # of units Cost per unit Cost of Goods Available for Sale # of units sold Cost per unit Cost of Goods Sold Cost of Goods Sold Beginning Inventory Purchases: January 9 January 25 Total Inventory Balance # of units in ending Inventory Cost per unit Ending Inventory 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 280 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units Unit Cost 250 60 100 $ 2.30 2.50 2.64 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. (Round per unit costs to 2 decimal places.) Weighted average-Periodic Cost of Goods Sold Ending Inventory Goods Available for Sale Cost of Goods # of units Cost per unit Available for Sale # of units sold Average Cost per Unit Cost of Goods Sold # of units In ending Inventory Average Cost per unit Ending Inventory Beginning inventory Purchases: January 9 January 25 Total