Cornerstone Exercise 6-32 (Algorithmic) Inventory Cotting Methods: Perisic hverage Cost (Appendix 60) monov Inchan the flowing information related to purchases and sales of one of its story Date Description Units Purchased at Cost Units Sold at Retail June Beginning Inventory 350 units 510 - $1,500 9 Purchase 200 units 512 - $2,400 14 300 units 525 Purchase 2 250 units 51453,500 29 225 unit 525 Astume that one utes a period inventory system Hequired: Calculate the cost of goods sold and the cost of ending eventory using the average cost metros. (Note: ore four decimet places for per unit criculations and round other tombers to the nearesto Cost of goods sold Cost of ending Inventory