Question $2$ of $4$

Novak Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations:

$($a$)$

$($b$)$

Calculate the cost of goods sold and ending inventory using average cost. $($Round average cost per unit to $2$ decimal places,

e$.$g$.1\mathrm{.}25$ and final answers to $0$ decimal places, e$.$g$.5,125.)$

Cost of goods sold $

Ending inventory $