Kingbird sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Kingbird's purchase of EZslide snowboards during September. During the same month, 105 EZslide snowboards were sold. Kingbird uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 15 $124 $1,860 12 Purchase 45 126 5,670 19 Purchase 50 128 6,400 26 Purchase 20 129 2,580 Total 130 $16,510 Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods. FIFO LIFO AVERAGE-COST 25 Ending inventory at September 30 $ 25 $ SA 3175 Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost methods. Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods. FIFO LIFO AVERAGE-COST Ending inventory at September 30 25 $ 25 $ 3175 Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost methods. FIFO LIFO AVERAGE-COST Cost of goods sold 13360 S 13285 $ 13335 Grouper Corp. uses a periodicinventory system. Its records show the following for the month of May, in which 68 units were sold. a Date Units Unit Cost Total Cost Explanation Inventory May 1 31 $9 $279 15 Purchase 23 11 253 24 Purchase 38 13 494 Total 92 $1,026 Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round average unit cost to 2 decimal places, eg.2.51 and final answers to decimal places, eg. 125.) FIFO LIFO AVERAGE-COST Ending inventory at May 31 912 760 267.65 Tavhd Medis Cullumber Company uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 112 $4 $448 12 Purchases 448 6 2,688 23 Purchases 280 8 2.240 30 Inventory 260 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost. (For calculation purposes, round average cost to 3 decimal places, es. 5.275. Round answers to decimal places, eg. 125.) FIFO LIFO Average-Cost $ The cost of the ending inventory $ $ S The cost of goods sold