Please explain all steps to calculate each value. Thanks!

Culver Ltd. uses the perpetual inventory system and reports the following inventory transactions for the month of June: Date Unit Cost/Price $4 June 1 Total Cost $6,600 12,350 12 5 Explanation Beginning inventory Purchases Sale Purchases Purchases Sales Units 1,650 2,470 (2,270) 4,130 1,600 15 12 16 6 24.780 23 7 11,200 27 (5,880) 15 (a) Determine the cost of goods sold and the cost of the ending inventory using (1) FIFO and (2) Average cost. (Round average cost per unit and answers to 2 decimal places, e.g. 1.25.) FIFO Average Cost of goods sold $ 46,310 $ Cost of ending inventory $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit