Average-Cost Method: Periodic Inventory Systenm Assume the following data with regard to inventory for Vegan Company: Aug. 1 Inventory 40 units $10 per unit Purchase Purchase 400 550 420 $1,370 50 units @ $.11 per unit 35 units$12 per unit Goods avallable for sale 125 units 48 units 25 units 52 units Aug. 15 Sale Sale Inventory, Aug. 30 28 Calculate the cost of ending inventory and cost of goods sold according to the average-cost method under the periodic inventory system. In your calculations round average unit cost to the nearest cent and round your final answers to the nearest dollar. Average-Cost method Cost of ending inventory Cost of goods sold