Textbook Solutions Che X c Cornerstone Exercise 6-28 (Algo X now.com/ilm/take Assignment/take AssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress.. ME eBook Calculator Cornerstone Exercise 6-32 (Algorithmic) Inventory Costing Methods: Periodic Average Cost (Appendix 6B) Bordeaux Company has the following information related to purchases and sales of one of its inventory items: Date Units Purchased at Cost Units Sold at Retail June 1 Description Beginning Inventory Purchase 1 150 units @ $5 - $750 9 200 units O $12 - $2,400 14 Sale 1 300 units $25 22 Purchase 2 250 units @ $14 - $3.500 29 Sale 2 225 units @ $25 Assume that Bordeaux uses a periodic inventory system. Required: Calculate the cost of goods sold and the cost of ending inventory using the average cost method. (Note: Use four decimal places for per-unit calculations and round all other numbers to the nearest dollar.) Cost of goods sold $ Cost of ending Inventory S Check My Work 3 more Check My Work uses remaining, Previous Next