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(Appendox 68) Inventory Costing Methods: Periodic Average Cost Fllimonov inc. has the following information related to purchases and sales of one of its inventory items:

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(Appendox 68) Inventory Costing Methods: Periodic Average Cost Fllimonov inc. has the following 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. (Note: Use four decimal places for per-unit calculations and round all other numbers to the nearest dollar.)

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