Cornerstone Exercise 6-21 (Algorithmic) Inventory Costing: Weighted Average Cost Bordeaux Company has the following information related to purchases and sales of one of its inventory tems: Date Description Units Purchased at Cost Units Sold at Retail June 1 Beginning Inventory 150 units $10 = $1,500 9 Purchase 1 200 units $12 - $2,400 14 Sale 1 300 units $25 22 Purchase 2 250 units $14 - $3,500 29 Sale 2 223 units $25 Assume that Bordeaux uses a perpetual 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 dotar) Cost of goods sold Cost of ending inventory