Ayayai Furniture Ltd, uses a perpetual inventory system and has a beginning inventory. as at June 1 , of 510 bookcases at a cost of $130 each. During June, the company had the following purchases and sales of bookcases: (a) Your answer is incorrect. Determine the cost of goods sold and the cost of the ending inventory using the avernge cost formula. (Use unrounded numbers for average cost calculations. Round answers to 2 decimal places, es 5,52.) Cost of goods sold Ending inventory