Question: Need the answer to part 2 Inventory data for Crane Company are reported as follows. Assume a sale of 650 units occurred on June 15

Need the answer to part 2Need the answer to part 2 Inventory data for Crane Company arereported as follows. Assume a sale of 650 units occurred on June

Inventory data for Crane Company are reported as follows. Assume a sale of 650 units occurred on June 15 for a selling price of $7 and a sale of 360 units on June 27 for $9. Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to 0 decimal places, e.g. 1,250.)

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