Gene Company sells shovels. Information about the company's purchases and sales of the shovels in the month of November follow: Date Units and unit purchase cost Units and unit sales price November 1 Beginning inventory 100 units @ $5.00 November 12 Purchase 230 units @ $6.75 November 14 Sale 200 units @ $15.00 November 27 Purchase 490 units @ $7.00 Required: The business uses a periodic inventory system. Determine the dollar amount to be assigned the ending inventory and to cost of goods sold using the weighted average ting ethod. A physical inventory count determined that there were 620 units on hand on November 30. 1. Ending inventory ($) 2. Cost of goods sold ($) Blank #1 Blank # 2 PJ E