$($Appendix $6$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 per$-$unit calculations and round

all other numbers to the nearest dollar.$)$

Cost of goods sold

Cost of ending inventory