Famous Sportwears uses the average cost inventory method. Famous Sportwears started October with 5 helmets that cost $50 each. On October 19, Famous Sportwears bought 9 helmets at $54 each. On October 28, Famous Sportwears sold 7 helmets Prepare a perpetual inventory record for the average cost method. Round average cost per unit to the nearest cent and all other amounts to the nearest dollar. Start by entering the opening inventory balance. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Round average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Avg Cost: Purchases Cost of goods sold Inventory on hand Unit Total Unit Total Unit Total Date Qty Cost Cost Qt Cost Cost Qty Cost Cost 19 28 Total