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Inventory Costingt Averoge Cost Bondeaux Company has the following information reloted 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: (Wote: Round per-unit calculations to 4 decimal places and af other nu CostofgoodssoldCostofendinginventorysX Feesent reneak My wor For cost of goods sold and cont of ending irventory using the average cout methed, apply the felowing steps: Slipg 1: Calculate the cost of goods avalable for sale inmedabely pior to the sale transaction Step 2. Apply the inventoy costing mechod, recogilaing that under average coot, the cout of goods avalathe for asle is allocated between anding invontory and cost of goods sold, based on a we. for sale (oost of pooss avalable ter ale + units nvalable for swe) Step 3. Receat the fint two slepe for al inventory transactions during the period