Exercise 6-5 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, 121 Xpert snowboards were sold. Cullumber's uses a periodic inventory system Explanation Units Unit Cost Total Cost 2,522 4,635 2,120 5,500 $14,777 Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Inventory Purchases Purchases Purchases Totals 26 45 20 50 141 $97 103 106 110 Your answer is partially correct. Try again Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods FIFO LIFO 2200 1940 The ending inventory at September 30 14777 14195 Cost of goods sold Your answer is incorrect. Try again. For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold FIFO LIFO The sum of ending inventory and cost of goods sold 16977 16977