Flint Corporation sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Flint Corporations purchases of EZslide snowboards during September. During the same month, 95 EZslide snowboards were sold. Flint Corporation uses a periodic inventory system.

Exercise 6-4 Your answer is incorrect. Try again. Flint Corporation sellssnowboard EZslide, that is popular with snowboard enthusiasts. Below s information relating to Flint Corporation's purchases of EZslide snowboards during September. During the same month, 95 EZ slide snowboards were sold. Flint Corporation uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost 13 $102 1,326 Sept. 1 Inventory Sept. 12 46 105 4,830 106 Sept. 19 47 4,982 Sept. 26 20 2,140 107 Totals 126 $13,278 (a) Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods, (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at September 30 10502 10587 10538.09 (b) Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to 0 decimal places, e.g. 125.) AVERAGE-COST FIFO LIFO Cost of goods sold 2140 4830 37.585