Current Attempt in Progress In its first month of operations, Ivanhoe Company made three purchases of merchandise in the following sequence: 200 units at $11; 250 units at $10; and 300 units at $9. There are 440 units on hand at the end of the period. Ivanhoe uses a periodic inventory system. Calculate the cost of the ending inventory and cost of goods sold under FIFO. FIFO Ending inventory $ Cost of goods sold Calculate the cost of the ending inventory and cost of goods sold under weighted average. (Round weighted average cost per unit to two decimals places e.g. 52.75 and final answers to 0 decimal places e.g. 5,275.) Weighted average Ending inventory Cost of goods sold e Textbook and Media