Lakshmi Ltd. uses the perpetual inventory system and reports the following inventory transactions for the month of June: rour answer has been saved. See score details after the due date. Determine the cost of goods sold and the cost of the ending inventory using (1) FIFO and (2) Average cost. (Do not round Intermedlate calculations. Round cost of goods sold answers to 0 dedmla places, eg. 125 and average cost answers to 2 decimal places, eg. 1.25.) Calculate the gross profit for the month of June using (1) FIFO and (2) average cost. (Round average cost final answers to 2 dedmal places, eg. 1.25. Do not round intermediate calculations.)