Concord Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations:

Date			Explanation		Units		Unit Cost		Total Cost		Balance in Units
Aug.	2		Purchases		237		$73		$17,301		237
	3		Purchases		475		97		46,075		712
	10		Sales		(300	)					412
	15		Purchases		894		122		109,068		1,306
	25		Sales		(330	)					976

Calculate the cost of goods sold and ending inventory using the FIFO cost method.

Cost of goods sold	$enter a dollar amount
Ending inventory	$enter a dollar amount

Calculate the cost of goods sold and ending inventory using the average cost method. (Round average cost per unit and final answers to 2 decimal places, e.g. 1.25.)

Cost of goods sold	$enter a dollar amount
Ending inventory	$enter a dollar amount