Apply periodic and perpetual FIFO and weighted average.

(LO2,7) AP

Xpert Snowboards sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Xpert's purchases and sales of the ultra-lightweight snowboard in October:

Oct.1	Beginning inventory	25	$295
10	Purchase	30	300
12	Sale	(42)		$450
13	Purchase	35	305
25	Sale	(45)		460
27	Purchase	20	310