The following information is available for Yancey Company: 600 units at $4 Beginning inventory First purchase Second purchase 900 units at $6 500 units at 5720 Assume that Yancey uses a periodic inventory system and that there are 700 units left at the end of the month Compute the cost of ending inventory and the cost of goods sold using the average cost method. Cost of ending inventory Senter a cost of ending inventory in dollars Cost of goods sold (