Linda's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Linda's purchases of Xpert snowboards during September is shown below. During the same month, 120 Xpert snowboards were sold. Linda's uses a periodic inventory system.

Date

Sept. 1

Sept. 12

Sept. 19

Sept. 26

Explanation

Inventory

Purchases

Purchases

Purchases

Totals

Units

25

45

20

50

140

Unit Cost

$95

105

107

108

Total Cost

$ 2,375

4,725

2,140

5,400

$14,640

Linda's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Linda's purchases of Xpert snowboards during September is shown below. During the same month, 120 Xpert snowboards were sold. Linda's uses a periodic inventory system. Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. eTextbook and Media Attempts: 1 of 5 used (b) For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. eTextbook and Media Attempts: 0 of 5 used