Apply perpetual FIFO and average. Yogi & Company uses a perpetual inventory system. The following information is available for November. Units Purchase Price Sales Price Required: Nov. 1 Balance 10 $5.00 4 Purchase 20 $5.50 7 Purchase 20 $6.00 10 Sale (10) $8.00 12 Sale (30) $8.00 Calculate the cost of goods sold and ending inventory under (a) FIFO and (b) average. (Hint: Round the average cost per unit to three decimal places.) (a) FIFO PURCHASES Date Units Cost Total Units COST OF GOODS SOLD Cost Total BALANCE (INVENTORY) Units Cost Total (b) Weighted Average PURCHASES Date Units Cost Total Units Cost COST OF GOODS SOLD Total BALANCE (INVENTORY) Units Cost Total