Date Cornerstone Exercise 6-24 (Algorithme) Inventory Costing: Average Cost Fillmonov Inc. has the following information related to purchases and sales of one of its twentory items Description Units Purchased at Cost Unita Sold at Retail June 1 Beginning Triventory 150 units @ $10 - $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 2 220 units $25 Assume that Filimonov uses a perpetual Inventory system. Required: Calculate the cost of goods sold and the cost of ending Inventory using the average cost method. (Note: Round per-unit calculations and final answers to two decimal places.) Cost of goods sold 6,316.4 Cost of ending inventory