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 A company reports the following beginning inventory and two purchases for the month of January, On January 26, the company sets 260 units Ending inventory at January 31 totals 120 units

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 A company reports the following beginning inventory and two purchases for the month of January, On January 26, the company sets 260 units Ending inventory at January 31 totals 120 units. Help 2 Beginning inventory on January 1 Purchase on January Purchase on January 25 230 $ 2.10 25 points 50 100 2.44 8 00:30:04 Roberences Required: 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 3 decimal places. Amounts to be deducted should be indicated with minus sign) 1 Periodic Weighted Average Inventory on hand Cost of Goodfeld of units Cost per Inventory sof units Avg Cost per Cost of unit Value sold doods Sold Beginning inventory 2012100 5 183 Purchase January sofs 2300 115 Purchase January 25 100 2.440 20 Available for Sale 300 January Sais 0 Total 380 3 3