Cornerstone Exercise 6-21 (Algorithmic) Inventory Costing: Weighted Average Cost ory Bordeaux Company has the following information related to purchases and sales of one of its inventory items: Date Description Units Purchased at Cost Units Sold at Retail June 1 Beginning Inventory 150 units 510 = $1,500 9 Purchase 1 200 units 512 - $2,400 14 Sale 1 300 units @ $25 22 Purchase 2 250 units $14 = $3,500 29 Sale 2 223 units $25 Assume that Bordeaux uses a perpetual Inventory system. Required: Calculate the cost of goods sold and the cost of ending Inventory using the average cost method. (Note: Use four decimal places for per-unit calculations and round all other numbers to the nearest dollar) Cost of goods sold Cost of ending inventory S