Cornerstone Exercise 6-24 (Algorithmic) Inventory Costing: Average Cost 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 $5-$1,500 9 Purchase 1 200 units $12-$2,400 14 Sale 1 22 Purchase 2 300 units $25 250 units @ $14-$3,500 29 Sale 2 226 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 6,303 X 1,001 X Feedback Check My Work For cost of goods sold and cost of ending inventory using the average cost method, apply the following steps: Check My Work 1 more Check My Work was remainin