Brief Exercise 6-7 Pharoah Company uses a perpetual inventory system. The following information is available for November: Units Purchase Price Sales Price Nov. 1 Balance 12 4 Purchase 22 $6.00 $6.50 $7.00 7 Purchase 22 10 Sale (12) (32) $9.00 $9.00 12 Sale Calculate the cost of goods sold and ending inventory under FIFO. (Round answers to 0 decimal places, e.g. 5,275.) FIFO Cost of goods sold Ending inventory A Calculate the cost of goods sold and ending inventory under weighted average. (Round the weighted average cost per unit to two decimal places, e.g. 5.27 and final answers to 0 decimal places, e.g. 5,275.) Weighted average Cost of goods sold $ Ending inventory $