Mesa Company's inventory records show the following data for the month of September: Inventory, September 1. Purchases: September 8 September 18 Ending inventory Cost of goods sold $ Units $ 100 450 350 Unit Cost A physical inventory on September 30 shows 250 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. $3.35 3.50 3.70

Mesa Company's inventory records show the following data for the month of September: A physical inventory on September 30 shows 250 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 imventory Cost of goods sold $