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At Best of the West Steakhouse, an inventory record card for beef tenderloin shows the following details in 2021. Date Purchases Sales Balance Quantity
At Best of the West Steakhouse, an inventory record card for beef tenderloin shows the following details in 2021. Date Purchases Sales Balance Quantity Cost Quantity Cost Quantity Cost Sep 1 48 $72 Sep 4 37 $72 11 $72 Sep 9 146 $76 11 $72 146 $76 Sep 10 11 $72 91 $76 55 $76 Sep 19 38 $81 55 $76 38 $81 Sep 26 55 $76 32 $81 6 $81 Sep 28 43 $85 6 $81 43 $85 Required The company uses the FIFO cost method for inventory valuation under the perpetual inventory system. Calculate the cost of goods sold for the month, and the value of ending inventory at the end of September. Do not enter dollar signs or commas in the input boxes. Cost of Goods Sold = $ Ending Inventory = $
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