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also computing the average cost method Laura's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts, Information relating to Laura's purchases of Xpert

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also computing the average cost method
Laura's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts, Information relating to Laura's purchases of Xpert snowboards during September is shown below. During the same month, 120 Xpert snowboards were sold. Laura's uses a periodic inventory system. (a) Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods

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