compare ending inventory using a perpetual inventory system to ending inventory using a periodic inventory system Periodic Perpetual ending inventory FIFO ? ?ending inventory LIFO ? ?

Current Attempt in Progress Margaret's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Margaret's purchases of Xpert snowboards during September is shown below. During the same month, 120 Xpert snowboards were sold. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 25 $50 $1,250 Sept. 12 Purchases 45 58 2,610 Sept. 19 Purchases 15 60 900 Sept. 26 Purchases 40 61 2:440 Totals 125 $7,200 Additional data regarding Margaret's sales of Xpert snowboards are provided below. Assume that Margaret's uses a perpetual inventory system. Date Units Unit Price Total Revenue Sept. 5 Sale 10 $181 $1,810 Sept. 16 Sale 50 181 9.050 Sept. 29 Sale 60 213 12,780 Totals 120 $23,640