Suppose that Reebok's inventory records show the following data for the month of September: Inventory, September 1 Purchases: September 8 September 18 Ending inventory LA Cost of goods sold $ LA Units 110 460 310 Unit Cost 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. $3.00 3.50 3.80 485 2543

Suppose that Reebok's inventory records show the following data for the month of September? A physical inventory on September 30 shows 150 units on hand. Catcutate the vatue 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