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Brief Exercise 195 Blue Spruce Company's inventory records show the following data for the month of September: Units 95 Unit Cost $2.80 Inventory, September 1

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Brief Exercise 195 Blue Spruce Company's inventory records show the following data for the month of September: Units 95 Unit Cost $2.80 Inventory, September 1 Purchases: September 8 September 18 445 3.40 300 3.90 A physical inventory on September 30 shows 150 units on hand. Calculate the value of ending inventory and cost of goods sold if the company uses FIFO inventory costing and a periodic inventory system. Ending inventory $ Cost of goods sold Show Work is REQUIRED for this question: Open Show Work

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