Brambles Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Brambles purchases of Xpert snowboards during September is shown below. During the same month, 236 Xpert snowboards were sold. Brambles uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 51 $97 $ 4,947 Sept. 12 Purchases 88 104 9,152 Sept. 19 Purchases 39 108 4,212 Sept. 26 Purchases 98 111 10,878 Totals 276 $29,189

Exercise 6-05 a-b (Part Level Submission) Bramble's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Bramble's purchases of Xpert snowboards during September is shown below. During the same month, 236 Xpert snowboards were sold. Bramble's uses a periodic inventory system. 51 Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases Totals Units Unit Cost $97 88 104 39 98 111 276 108 Total Cost $ 4,947 9,152 4,212 10,878 $29,189 (a) Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO The ending inventory at September 30 Cost of goods sold