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Cullumber's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Cullumber's purchases of Xpert snowboards during September is shown below.

Cullumber's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Cullumber's purchases of Xpert snowboards during September is shown below. During the same month,121Xpert snowboards were sold. Cullumber's uses a periodic inventory system.

Date Explanation Units Unit Cost Total Cost

sept 1 Inventory 26 $97 $2,522

sept 12 Purchases 45 103 4,635

sept19 Purchases 20 106 2,120

sept 26 Purchases 50 110 5,500

Total 141 $14,777

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

For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold.

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