eBook Calculator Cornerstone Exercise 6-32 (Algorithmic) Inventory Costing Methods: Periodic Average Cost Appendix 68) Bordeaux Company has the following information related to purchases and sales of one of ts invertory tems: Date Description Units Purchased at Cost Units Sold at Retail June 1 Beginning Inventory 150 units $14- $2,100 9 Purchase 1 200 units $12 $2,400 14 Sale 1 300 units $25 22 Purchase 2 250 units $14- $3,500 225 units $25 29 Sale 2 Assume that Bordeaux uses a periodic inventory system Required: Calculate the cost of goods sold and the cost of ending inventory using the wverage cost method. (Nese four decimal places for peront cautions and found all other unders to the nearest Cost of goods sold 6,964 X Cost of ending Inventory 1,036 X