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Date Description Units Purchased at Cost 150 units $13-$1,950 200 units $12 $2,400 Units Sold...

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Date Description Units Purchased at Cost 150 units $13-$1,950 200 units $12 $2,400 Units Sold at Retail June 1 Beginning Inventory 9 Purchase 1 14 Sale1 22 Purchase 2 29 Sale 2 300 units $25 250 units $14 $3,500 225 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

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