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:
Colour Vision
The ability of the visual system to distinguish objects based on the wavelengths of the light they reflect, emit, or transmit.
Retina
The light-sensitive layer of tissue at the back of the inner eye that converts light into electrical signals sent to the brain.
Absorbs Light
The process by which a material takes in light energy without reflecting it, often converting it into heat.
Visual Information
Refers to data obtained from observations in the form of images or visual perceptions.
Q29: If a company deposits all its receipts
Q34: GAAP, compared to IFRS, tends to be
Q43: Bank errors<br>A)occur because of time lags.<br>B)must be
Q80: YZ Company accepted a national credit card
Q86: A deposit ticket is a negotiable instrument
Q114: A debit memorandum would not be issued
Q146: Scruffy Brothers Supply uses a periodic inventory
Q163: Using the percentage-of-receivables basis, the uncollectible accounts
Q172: Inventory turnover is calculated as cost of
Q173: In the Augie Company, sales were $750,000,