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Crane Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Crane's purchases and sales

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Crane Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Crane's purchases and sales of the ultra- lightweight snowboard in October: Date Transaction Units U Oct. 1 Beginning inventory 25 10 Purchase Sale Purchase Sale Purchase Calculate the cost of goods sold and the ending inventory using FIFO and weighted average, assuming Crane 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 Ending inventory $ Cost of goods sold s What would be the ending inventory and cost of goods sold if Crane used FIFO and weighted average in a periodic inventory system? (Round the weighted average cost per unit and final answers to 2 decimal places, e.g. 5,265.25.) FIFO Ending inventory $ Cost of goods sold $ Crane Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Crane's purchases and sales of the ultra- lightweight snowboard in October: Units U Date Oct. 1 Transaction Beginning inventory 25 Purchase Sale Purchase Sale Purchase Crane Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Crane's purchases and sales of the ultra- lightweight snowboard in October: its Unit Purchase Price Unit Sales Pric $304 311 $481 319 491 326 Calculate the cost of goods sold and the ending inventory using FIFO and weighted average, assuming Crane 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 Ending inventory $ Cost of goods sold s What would be the ending inventory and cost of goods sold if Crane used FIFO and weighted average in a periodic inventory system? (Round the weighted average cost per unit and final answers to 2 decimal places, e.g. 5,265.25.) FIFO Ending inventory S Cost of goods sold $

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