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View Policies Current Attempt in Progress Concord Company's inventory records show the following data for the month of September: Units Unit Cost Inventory, September 1
View Policies Current Attempt in Progress Concord Company's inventory records show the following data for the month of September: Units Unit Cost Inventory, September 1 90 $3.20 Purchases: September 8 460 3.50 September 18 260 3.60 A physical inventory on September 30 shows 130 units on hand. Calculate the value of ending inventory and cost of goods sold if the company uses FIFO inventory costing and a periodic inventory system. Ending inventory $ Cost of goods sold $
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