E6.5 (LO 2), AP Mather sells a snowboard, EZslide, that is popular with snowboard enthusiasts. The following is information relating to Mather's beginning inventory and purchases of EZslide snowboards during September. During the same month, 102 EZslide snowboards were sold. Mather uses a periodic inventory system. Date Sept. 1 Sept. Explanation Inventory Purchases Units 12 45 12 Purchases 50 Sept. 19 Sept. 26 Purchases 20 Totals 127 Instructions Compute the ending inventory at September 30 and the cost of goods sold using the FIFO, LIFO, and average-cost methods. (For average-cost, round the weighted-average unit cost to three decimal places.) Prove the amount allocated to cost of goods sold under each method. Calculate inventory and cost of goods sold using FIFO, average-cost, and LIFO in a periodic inventory system. E6.5 (LO 2), AP Mather sells a snowboard, EZslide, that is popular with snowboard enthusiasts. The following is information relating to Mather's beginning inventory and purchases of EZslide snowboards during September. During the same month, 102 EZslide snowboards were sold. Mather uses a periodic inventory system. Unit Total Units Cost Cost 12 $100 $ 1,200 45 103 4,635 50 104 5,200 20 105 2,100 127 $13,135 Instructions Compute the ending inventory at September 30 and the cost of goods sold using the FIFO, LIFO, and average-cost methods. (For average-cost, round the weighted average unit cost to three decimal places.) Prove the amount allocated to cost of goods sold under each method. Calculate inventory and cost of goods sold using FIFO, average-cost, and LIFO in a periodic inventory system