please answer it correctly

Question 2 of 3 0.94/15 Flounder-Mart Centre Inc. opened for business on May 1, and uses a perpetual inventory system. During May, the company had the following purchases and sales for one of its products: Purchases Sales Date Units Unit Cost Units Unit Price May 1 120 $100 3 80 $246 8 100 111 13 80 269 15 60 116 20 60 293 27 40 320 (a) (a) Your answer is partially correct. Determine the cost of goods sold and cost of ending inventory using (1) FIFO and (2) average cost. (Round Average answers to 2 decimal places, eg. 5.75.) FIFO Average Cost of Goods Sold $ 27700 $ 2320 Ending Inventory 27822 $ 2238 e Textbook and Media Attempts: 1 of 3 used Submit Answer Save for Later