In its first month of operations, Cullumber Company made three purchases of merchandise in the following sequence: 200 units at $8:250 units at $7; and 300 units at $6. There are 420 units on hand at the end of the period Cullumber uses a periodic inventory system (a) Calculate the cost of the ending inventory and cost of goods sold under FIFO. FIFO Ending inventory $ Cost of goods sold $ Touthood Media e Textbook and Media Attempts: 1 of 5 used Question Part Score 2/2 (b) Calculate the cost of the ending inventory and cost of goods sold under weighted average. (Round weighted average cost per unit to two decimals places es 5275 and final answers to decimal places es 5,275) Weighted average Ending inventory Cost of goods sold $ e Textbook and Media Sawe for Later Attempts: 0 of 5 used Submit Answer Question Part Score