Calculate thr Cost of goods sold for May and the ending inventory at May 31 using the average cost formula.

Culver Inc. uses a perpetual inventory system. Its records show the following for the month of May. Calculate the cost of goods sold for May and the ending inventory at May 31 using the average cost formula. (For averacic, use 3 decimal places, eg. 15.235 in your calculations and round final answers to 2 decimal places, eg 5.25J Cost of goods sold Ending Inventory