Inventory Costing: Average Cost

Bordeaux Company has the following information related to purchases and sales of one of its inventory

items:

Assume that Bordeaux uses a perpetual inventory system.

Required:

Calculate the cost of goods sold and the cost of ending inventory using the average cost method. $($Note:

Round per$-$unit calculations to $4$ decimal places and al other numbers to the nearest dollar.$)$

Cost of goods sold

$

Cost of ending

$

inventory