Cornerstone Exercise 6-24 (Algorithmic) Inventory Costing: Average Cost Bordeaux Company has the following information related to purchases and sales of one of its inventory items: Units Sold at Retail Date Description June 1 Beginning Inventory 9 Purchase 1 14 Sale 1 22 Purchase 2 Units Purchased at Cost 150 units @ $10 = $1,500 200 units @ $12 = $2,400 300 units @ $25 250 units @ $14 = $3,500 29 Sale 2 237 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: Round per-unit calculations and final answers to two decimal places.) Cost of goods sold Cost of ending inventory $