Question: ? ( Appendix 6 B ) ?Inventory Costing Methods: Periodic Average Cost Bordeaux Company has the following information related to purchases and sales of one

? Appendix B ?Inventory Costing Methods: Periodic Average Cost
Bordeaux Company has the following information related to purchases and sales of one of its inventory items:
Assume that Bordeaux uses a periodic inventory system.
Required:
Calculate the cost of goods sold and the cost of ending inventory using the average cost method. Note: Use four decimal places for perunit calculations and round
all other numbers to the nearest dollar.
Cost of goods sold
Cost of ending inventory
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