The document outlines a scenario involving Bordeaux Company and its inventory costing methods, specifically focusing on the periodic LIFO method. It provides necessary information for calculating the cost of goods sold and the ending inventory for a particular item. The required calculations to determine these financial figures are emphasized.

1. (Appendix 6B) Inventory Costing Methods: Periodic LIFO Bordeaux Company has the
following information related to purchases and sales of one of its inventory items: Assume that
Bordeaux uses a periodic inventory system. Required: Calculate the cost of goods sold and the
cost of ending inventory using the LIFO inventory costing method. Cost of goods sold Cost of
ending inventory $