Exercise 6-04 Indigo Corporation sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is info uses a periodic inventory system. Units 12 Unit Cost $105 Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases 108 50 57 Total Cost $ 1,260 5,400 6,213 2,310 $15,183 109 21 110 Totals 140 (a) Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods. (Ro FIFO LIFO AVERAGE-COST The ending inventory at September 30 (b) Compute the cost of goods sold at September 30 using the FIFO, LIFO and averagd-cost methods. (Ro FIFO LIFO AVERAGE-COST Cost of goods sold $ $ Click if you would like to Show Work for this question: Open Show Work Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold $1080000 72000 35000 630000 What is the gross profit rate? Exercise 6-04 Indigo Corporation sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is info uses a periodic inventory system. Units 12 Unit Cost $105 Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases 108 50 57 Total Cost $ 1,260 5,400 6,213 2,310 $15,183 109 21 110 Totals 140 (a) Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods. (Ro FIFO LIFO AVERAGE-COST The ending inventory at September 30 (b) Compute the cost of goods sold at September 30 using the FIFO, LIFO and averagd-cost methods. (Ro FIFO LIFO AVERAGE-COST Cost of goods sold $ $ Click if you would like to Show Work for this question: Open Show Work Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold $1080000 72000 35000 630000 What is the gross profit rate