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Bridgeport Company's inventory records show the following data for the month of September: Units Unit Cost Inventory, September 1 90 $2.85 Purchases: September 8 460

Bridgeport Company's inventory records show the following data for the month of September: Units Unit Cost Inventory, September 1

90

$2.85

Purchases:

September 8

460

$3.50

September 18

300

$3.90

A physical inventory on September 30 shows 160 units on hand. Calculate the value of ending inventory and cost of goods sold if the company uses LIFO inventory costing and a periodic inventory system.

Ending inventory: $ enter a value of ending inventory in dollars

Cost of goods sold: $ enter a cost of goods sold in dollars

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