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The following information is taken from the inventory records of the CNB Company for the month of September: Required: 1. Assuming that CNB uses a

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The following information is taken from the inventory records of the CNB Company for the month 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 September's ending inventory. 2. Assuming that CNB uses a perpetual inventory system and employs the average cost method, determine cost of goods sold for September and September's ending inventory. Complete this question by entering your answer Assuming that CNB uses a periodic inventory system a determine cost of goods sold for September and Septe Note: Round "Average Cost per Unit" to 2 decimal plac Required: 1. Assuming that CNB uses a periodic inventory system and employs the average cost method, determine cost of goods sold for September and September's ending inventory. 2. Assuming that CNB uses a perpetual inventory system and employs the average cost method, determine cost of goods sold for September and September's ending inventory. Complete this question by entering your answers below. Assuming that CNB uses a perpetual inventory system average cost method, determine cost of goods sold for September's ending inventory. Note: Enter inventory reductions for sales with a minus "Average Cost per Unit" to 2 decimal places

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