Required information Use the following information for the Quick Study below. (Algo) (5-7) [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 290 units. Ending Inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 260 60 100 Unit Cost $ 2.40 2.60 2.74 QS 5-7 (Algo) Perpetual: Inventory costing with weighted average LO P1 Assume the perpetual inventory system is used Determine the costs assigned to ending Inventory when costs are assigned based on the weighted average method (Round your per unit costs to 2 decimal places.) Weighted Average - Perpetual Cost of Goods Sold Goods purchased Inventory Balance Required information Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) Inventory Balance Weighted Average - Perpetual: Cost of Goods Sold # of units Cost of Goods unit Sold sold Goods purchased Cost per # of units unit Date Cost per # of units Cost per unit Inventory Balance January 1 January 9 Average cost January 9 January 25 Average cost January 25 January 28 Total January 26