Crane Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 220 $7 $ 1,540 12 Purchase 450 8 3,600 23 Purchase 330 9 2,970 30 Inventory 100 (a2) Your answer is incorrect. Compute the cost of the ending inventory and the cost of goods sold using the average cost method. (Round answers to decimal places, e.g. 1,250.) The ending inventory $ The cost of goods sold $ 1