updates now or try tonight? View Policies Current Attempt in Progress Bridgeport-Mart Centre Inc. began operations on May 1 and uses a perpetual inventory system. During May, the company had the following purc and sales for one of its products: art Purchases Sales Date Units Unit Cost Units Unit Price May 1 120 $97 3 80 $245 00 100 107 13 80 269 15 60 113 20 60 294 27 40 319 Determine the cost of goods sold and cost of ending inventory using (1) FIFO and (2) average cost. (Round Average answers to 2 decimal places, e 5.75.) FIFO Average $ Cost of Goods Sold $ $ $ Ending Inventory JUN A 25 O