Question: Cornerstone Exercise 632 Inventory Costing Methods: Penodic Average Cost (Appendox 6B) Filimonov Inc. has the following information related to purchases and sales of one of

Cornerstone Exercise 632 Inventory Costing Methods: Penodic Average Cost (Appendox 6B) Filimonov Inc. has the following information related to purchases and sales of one of its inventory iterris: Assume that the company uses a penodic inventory system. Requiredt Calculate the cost of poods sold and the cost of ending inventory using the average cost method, (Note: Use four decimal places for per-unit calculations an to the nearest dollar)

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