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Ivanhoe Company's inventory records show the following data for the month of September Units Unit Cost Inventory, September 1 75 $7.00 Purchases: September 8
Ivanhoe Company's inventory records show the following data for the month of September Units Unit Cost Inventory, September 1 75 $7.00 Purchases: September 8 250 8.00 September 18 175 9.00 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 LIFO inventory costing and a periodic inventory system Ending Inventory $ Cost of goods sold S
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