Units Unit Cost Inventory, September 1 90 $2.95 Purchases: September 8 460 3.40 September 18 300 3.85 eptem A physical inventory on September 30 shows 160 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. (Round answers to O decimal places, e.g. 5,275.) Ending inventory 504 Cost of goods sold 2481