Please answer b

Bramble Inc. uses a perpetual inventory system. Its records show the following for the month of May. Total Cost May Unit Date Explanation Units Cost 1 Inventory 33 $9 May 15 Purchase 25 10 May 18 Sale (45) May 24 Purchase 42 11 $297 250 462 Total 55 $1,009 (a) Your answer is correct. Calculate the cost of goods sold for May and the ending inventory at May 31 using the FIFO formula. Cost of goods sold $ 417 Ending Inventory $ 592 e Textbook and Media Attempts: 1 of 2 used (b) Calculate the cost of goods sold for May and the ending inventory at May 31 using the average cost formula. (For average, use 3 decimal places, e.g. 15.235 in your calculations and round final answers to 2 decimal places, e.g 5.25.) Cost of goods sold $ Ending Inventory $