Exercise 6-6 (Part Level Submission) Swifty Ltd. uses the perpetual inventory system and reports the following inventory transactions for the month of June: Unit Cost $4 Total Cost $6,320.00 11,600 5 Date Explanation June 1 Beginning inventory 12 Purchases 15 Sale 16 Purchases 23 Purchases 27 Sales Units 1,580 2,320 (2,670) 4,700 1,620 (5,830) 6 28,200 11,340 7 (a) Your answer is partially correct. Try again. Determine the cost of goods sold and the cost of the ending inventory using (1) FIFO and (2) Average cost. (Round average final answers to 2 decimal places, e.g. 1.25. Do not round intermediate calculations.) FIFO Average Cost of goods sold 45520 Cost of ending inventory