(Appendix 6B) Inventory Costing Methods: Periodic Average Cost Filimonov Inc. has the following information related to purchases and sales of one of its inventory items: Units Sold at Retail Units Purchased at Cost 150 units @ $10 = $1,500 200 units @ $12 = $2,400 Date June 1 9 14 22 Description Beginning Inventory Purchase 1 Sale 1 Purchase 2 250 units @ $14 = $3,500 29 Sale 2 Assume that Filimonov uses a periodic inventory system. 300 units @ $25 225 units @ $25 Required: Calculate the cost of goods sold and the cost of ending inventory using the average cost method. (Note: Use four decimal places for per-unit calculations and r all other numbers to the nearest dollar.) Cost of goods sold Cost of ending inventory

(Appendix 68) Inventory Costing Methods: Periodic Average Cost Filimonov inc. has the folsowing information related to purchases and sales of one of its inventory items: Assume that Flimonov uses a periodic inventory system. Required: Calculate the cost of goods sold and the cost of ending inventory using the average cost method. (Nore: Use four decimal places for per-unit calculations and all other numbers to the nearest dollar.) (Apper thx 68 ) Inventory Costing Methods: Periodic Average Cost. Filimonov Inc. has the following information related to purchases and sales of one of its inventory items: Assume that Fillmonov uses a periodie inventory system. Required: Calculate the cost of goods sold and the cost of ending inventory using the average cost method. (Wote: Use four decimal places for per-unit caleulations and round all other numbers to the nearest dollar.)