Shellhammer 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 the ending inventory and cost of goods sold if the company uses weighted average inventory costing and a periodic inventory system. Round cost per unit to 2 decimal places and ending inventory and cost of goods sold to the nearest dollar.
Definitions:
Dimensioned
The process of annotating a drawing or a part with measurements for its size, shape, or location, providing necessary details for manufacturing.
Fractional Inches
A measurement unit used in the Imperial system to describe lengths in fractions of an inch, allowing for precise dimensions without resorting to decimal equivalents.
Hundredths
A numerical value equal to one part in a hundred, often used to specify precision in measurements.
Decimal Places
Refers to the number of digits to the right of the decimal point in a number, indicating its precision, often important in engineering measurements.
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