Pharoah 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 $ 200 1,100 700 Unit Cost A physical inventory on September 30 shows 400 units on hand. Calculate the value of the ending inventory and cost of goods sold if the company uses average-cost inventory costing and a periodic inventory system. (Round cost per unit to 2 decimal places and ending inventory and cost of goods sold the nearest dollar.) $4.00 5.00 6.00

Pharoah Company's inventory records show the following data for the month of September: A physical imventory on 5 eptember 30 shows 400 units on hand. Calculate the value of the ending inventory and cost of goods sold if the comparmy uses iverage-cost inventory costing and a periodic inventory system. (Round cost per unit to 2 decimal places and ending inventary and cost of soods sold to the nearest dollar.) Endins inentory