The following information is taken from the inventory records of the CNB Company for the month of September:

Beginning inventory, 9/1/16 5,000 units $10.00 Purchases 3,000 units $10.40 9/25 8,000 units $10.75 Sales 4,000 units 9/10 9/29 5,000 units 7,000 units were on hand at the end of September Required 1. Assuming that CNB uses a periodic inventory system and employs the average cost method determine cost of goods sold for September and Septembers ending inventory. (Round "Average Cost per Unit" to 2 decimal places.) Cost of Goods Available for Sale Cost of Goods sold Average Cost Ending Inventory Average Cost Average Cost of Goods of units Average Cost of of Cost per Available for sold Cost per Goods Sold unit Sale Unit inventory of units Average in ending Cost per Ending Inventory Average cost units unit Beginning Inventory Purchases 9/25 Total