Brief Exercise 6-13 In its first month of operations, Sheffield Inc. made three purchases of merchandise in the following sequence: (1) 380 units at $9 each, (2) 710 units at $11 each, and (3) 780 units at $10 each. A physical inventory count determined that there were 610 units on hand at the end of the month. Assuming Sheffield uses a periodic inventory system. Your answer is correct. Calculate the cost of the ending inventory and cost of goods sold using by FIFO. Ending inventory 6100 Cost of goods sold 12930 LINK TO TEXI x your answer is incorrect. Try again. Calculate the cost of the ending inventory and cost of goods sold using average. (Round final answers to 2 decimal places, e.g. 1.52.) Weighted average cost Ending inventory Cost of goods sold LINK TO TEXT