In class Practice$1.$ Acme has the following information about its inventory.Units Unit Cost BalanceBeginninginventory$-$ May $1120$ $ $3\mathrm{.}00120$ unitsPurchase$-$ May $22802\mathrm{.}80400$ unitsSold units $$ May $15300100$ unitsPurchase $$ May $204502\mathrm{.}20550$ unitsUsing a perpetual inventory system, the costs to be assigned to the endinginventory and to goods sold using average cost method are:a$.$ Cost of ending inventory is $$1,276$ and Cost of Goods sold is $$858$b$.$ Cost of ending inventory is $$858$ and Cost of Goods sold is $$1,276$c$.$ Cost of ending inventory is $$885$ and Cost of Goods sold is $$1,267$d$.$ Cost of ending inventory is $$1,267$ and Cost of Goods sold is $$8$