SE 3. Assume the following data with regard to inventory for Caciato Company: Aug. 1 8 Inventory Purchase 40 units @ $10 per unit $ 400 50 units @ $11 per unit 550 22 Purchase 35 units @ $12 per unit 420 Goods available for sale 125 units $1,370 Aug. 15 Sale 45 units 28 Sale 25 units 55 units Inventory, Aug. 31 Assuming that the inventory consists of 30 units from the August 8 purchase and 25 units from the purchase of August 22, calculate the cost of ending inventory and cost of goods sold. S05 FIFO Method: Perpetual Inventory System SE 9. Using the data in SE 3, calculate the cost of ending inventory and cost of goods sold according to the FIFO method under the perpetual inventory system.