eBook Inventory Costing Methods VanderMeer Inc. reported the following information for the month of February Irwentory, February 1 70 units $26 Purchase: February 55 units @ $28 February 18 63 units $30 February 27 46 units $32 During February, VanderMeer sold 150 units. The company uses a periodic inventory system Required: What is the value of ending inventory and cost of goods sold for February under the following assumptions Assumption Cost of Goods Sold Ending Inventory