(Appendix 68) 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 piaces for per-unit calculations and round all other numbers to the nearest dollar.) reederak For cost of poods sold and cout of ending inventory using the average cost method, apply the followng sseps Step 1: Calculate the cost of goods avalable for sale for the period 2 more Check My Work uses remaning