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Inventory, September 1 Purchases: September 8 September 1 8 1 0 0 4 5 0 3 5 0 $ 3 . 3 4 3 .

Inventory, September 1
Purchases: September 8
September 18
100
450
350
$3.34
3.50
3.70
A physical inventory on September 30 shows 200 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
$
1034
Cost of goods sold

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