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Bramble Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations: Unit Cost $67 105 Date

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Bramble Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations: Unit Cost $67 105 Date Aug. 2 3 10 15 25 Total Cost $17.554 51,030 Explanation Purchases Purchases Sales Purchases Sales Units 262 486 (307) 916 (319) Balance in Units 262 748 441 1.357 1,038 114 104.424 (a) Your answer is correct. Calculate the cost of goods sold and ending inventory using the FIFO cost method. Cost of goods sold $ 55774 Ending inventory $ 117234 e Textbook and Media Calculate the cost of goods sold and ending inventory using the average cost method. (Round average cost per unit to 2 decimal places, eg. 1.25 and final answers to decimal places, eg. 5,125.) Cost of goods sold $ Ending inventory $

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