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:
Heritage Front
A far-right group originally based in Canada, known for promoting white supremacist views, now often cited as a case study in discussions of hate groups.
Economic Downturns
Periods of decreased economic activity characterized by reduced GDP, employment, and spending.
Vertical Mosaic
A concept referring to a society that is hierarchically structured along ethnic and occupational lines, highlighting how different communities occupy various social, economic, and political niches.
Porter
A porter typically refers to someone who carries luggage and other loads, especially in a hotel, airport, or railway station.
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