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 LIFO inventory costing and a periodic inventory system.
Definitions:
Language Development
The process by which children come to understand and communicate language during early childhood.
Recall
The cognitive process of retrieving information or experiences from memory without the aid of cues.
Real Objects
Physical, tangible items that can be perceived by the senses, in contrast to virtual or conceptual objects.
Pictures
Images or representations of objects, people, or scenes, produced on a surface, typically by means of photography, painting, drawing, or digital processes.
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