The same information as in example 8, Let's use LIFO Picture This, LLC Inventory of frame number 759 Cost per Units Unit Beg. Inventory 2,000 $ 10.00 Purchase 9/3 1,000 10.75 Purchase 9/21 1,000 10.95 Units available for sale 4,000 Sale 9/7 500 Sale 9/19 1,500 Units sold in September 2,000 Units in ending inventory 2,000 (1). Use the periodic inventory method to determine: a. Ending inventory cost b. Cost of goods sold (2). Use the perpetual inventory method to determine: a. Ending inventory cost b. Cost of goods sold Units sold in September Total Cost $20,000.00 10,750.00 10,950.00 $41,700.00