Flint Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations: Date Explanation Units Unit Cost Total Cost Balance in Units $69 $16,560 Aug. 2 Purchases 240 240 3 Purchases 515 53,560 755 104 (322) 433 10 Sales 15 Purchases 933 124 115,692 1,366 (312) 1,054 25 Sales Calculate the cost of goods sold and ending inventory using the FIFO cost method. Cost of goods sold Ending inventory Calculate the cost of goods sold and ending inventory using the average cost method. (Round average cost per unit and final answers to 2 decimal places, e.g. 1.25.) Cost of goods sold Ending inventory