I have a weight average problem that A company reports the following beginning inventory and purchases for the month of January. On January 26, 355 units were sold. What is the cost of the 160 units that remain in ending inventory at January 31, assuming costs are assigned based on a perpetual inventory system and use of (a) FIFO, (b) LIFO, and (c) weighted average? (Round unit costs to the nearest cent. Round total cost of Inventory to the nearest dollar. Omit the "$" sign in your response.)




Units
Unit Cost

Beginning inventory on January 1
320
$ 3.00

Purchase on January 9
85
3.20

Purchase on January 25
110
3.30


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FIFO
$
523. (33%)


LIFO
$
480. (33%)


Weighted average
$
(0%)