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Please help me! Question listed below Concord Furniture Ltd. uses a perpetual inventory system and has a beginning inventory, as at June 1 , of

Please help me! Question listed below

image text in transcribedimage text in transcribed Concord Furniture Ltd. uses a perpetual inventory system and has a beginning inventory, as at June 1 , of 510 bookcases at a cost of $138 each. During June, the company had the following purchases and sales of bookcases: Determine the cost of goods sold and the cost of the ending inventory using the average cost formula. (Use unrounded numbers for average cost calculations. Round answers to 2 decimal places. e.g 5.52.) Cost of goods sold Cost of the ending inventory $ $

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