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please help! A company reports the following beginning inventory and...

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Accounting

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A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 270 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units 240 60 100 Unit Cost $ 2.20 2.40 2.54 S 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 he weighted average method. (Round your per unit costs to 2 decimal places.) Inventory Balance Weighted Average - Perpetual Cost of Goods Sold w of Cost per Cost of Goods units Sold unit sold Goods purchased Cost per of units unit Rate of units Cost per unit inventory Balance January 1 240 60 $ 2.40 240 January 9 60 at 5 2.40 144.00 144.00 300 at $ Average cost January 9 s at 100 $ 254 January 25 al 254 - Average cost January 25 270 January 26 Total January 26

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