(a) Oriole Company sells a snowboard, WhiteOut, that is popular with snowboard enthusiasts. Presented below is information relating to Oriole Company's purchases of White Out snowboards during September. During the same month, 103 White Out snowboards were sold at $170 each. Oriole Company uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 23 $100 $2,300 Sept. 12 Purchases 39 106 4,134 Sept. 19 Purchases 22 110 2,420 Sept. 26 Purchases 40 112 4,480 Totals 124 $13,334 Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO The ending inventory $ +A Cost of goods sold $ $ CA LA FIFO The ending inventory at September 30 $ Cost of goods sold $ eTextbook and Media Save for Later $ (b) For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. FIFO The sum of ending inventory and cost of goods sold $ LIFO Attempts: 0 of 1 used Submit Answer LIFO FIFO The ending inventory at September 30 $ Cost of goods sold $ eTextbook and Media Save for Later $ (b) For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. FIFO The sum of ending inventory and cost of goods sold $ LIFO Attempts: 0 of 1 used Submit Answer LIFO