26 Ezekiel Co. sells a snowboard, model XBoard, that is popular with snowboard enthusiasts. Information relating to Ezekiel's purchases of XBoard snowboards during November is shown below. During the same month, 131 XBoard snowboards were sold. Ezekiel Co. uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Nov. 1 Inventory $100 $ 2,600 Nov. 10 Purchases 102 4,590 Nov. 22 Purchases 104 2,080 Nov. 30 Purchases 50 105 5,250 Totals 141 $14,520 45 20 Instruction: Compute the ending inventory at November 30 and cost of goods sold using the FIFO and Average Cost methods. Prove the amount allocated to cost of goods sold under each method. Arial 3 (12) TEE 5.025