Bonita sells a snowboard, whiteout, that is popular with snowboard enthusiasts. Presented below is information relating to Bonita's purchases of whiteout snowboards during september. During the same month, 124 WhiteOut snowboards were sold at $163 each. Bonita uses a periodic inventory system."Date" "Explanation" "Units" "Unit Cost" "Total Cost" "Sept. 1" "Inventory" 27 100 2700 "Sept. 12" "Purchases" 48 106 5088 "Sept. 19" "Purchases" 26 109 2834 "Sept. 26" "Purchases" 49 113 5537 "Totals" 150 16159

Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods.

FIFO LIFO

Ending Inventory $ $

Cost of Goods Sold $ $