Question 1 of 13 Blossom Company uses a perpetual inventory system. The following information is available for November Sales Price Balance Nov. 1 4 Units 12 22 18 Purchase Price $4.00 $4.50 $5.00 Purchase Purchase 7 112 10 $10.00 $10.00 12 Sale (30) Calculate the cost of goods sold and ending inventory under FIFO. (Round answers to decimal places, e3, 5,275, FIFO Cost of goods sold Ending inventory Calculate the cost of goods sold and ending inventory under weighted average. (Round the weighted aver decimal places, eg, 5.27 and final answers to decimal places, eg. 5,275.) Weighted average Cost of goods sold Ending inventory e Textbook and Media