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

Date		Transaction		Units				Unit Purchase Price			Unit Sales Price
Oct. 1		Beginning inventory			25			$295
10		Purchase			30			301
12		Sale			(42)						$456
13		Purchase			35			307
25		Sale			(45)						466
27		Purchase			20			315

(a)

Calculate the cost of goods sold and the ending inventory using FIFO and weighted average, assuming Blossom uses a perpetual inventory system. (Round the weighted average cost per unit and final answers to 2 decimal places, e.g. 5,265.25.)

		FIFO		Weighted Average
Ending inventory		$enter a dollar amount rounded to 2 decimal places		$enter a dollar amount rounded to 2 decimal places
Cost of goods sold		$enter a dollar amount rounded to 2 decimal places		$enter a dollar amount rounded to 2 decimal places