Hoyt Company's inventory records show the following data for the month of September: 
A physical inventory on September 30 shows 200 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.
Definitions:
Mania
A mental health condition characterized by extremely high energy levels, euphoria, and/or irritability, often seen in bipolar disorder.
Group Therapy
A form of psychotherapy involving the treatment of multiple patients simultaneously in a group setting.
ECT (Electroconvulsive Therapy)
A medical treatment method that involves inducing seizures through electric currents for therapeutic effect, often used in severe depression.
Memory
An active system that receives information from the senses, puts that information into a usable form, and organizes it as it stores it away, and then retrieves the information from storage.
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