Question: Please answer question #19, SHOWING ALL WORK ACCORDINGLH ON ALL PARTS. Thank you! Blue Spruce Company's inventory records show the following data for the month
Blue Spruce Company's inventory records show the following data for the month of September. Units Unit Cost Inventory, September 1 80 $2.90 Purchases: September 8 450 3.50 September 18 300 3.90 A physical inventory on September 30 shows 140 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 decimal places, eg. 5,275.) Ending inventory $ Cost of goods sold
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