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ment PRINTER VERSION CALCULATOR BACK NE Question 7 Whispering Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to whispering's purchases

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ment PRINTER VERSION CALCULATOR BACK NE Question 7 Whispering Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to whispering's purchases of Xpert snowboards during September is shown below. During the same month, 198 Xpert snowboards were sold Whispering's uses a periodic inventory system Date Explanation Units Unit Cost Total Cost Sept. Inventory 30 HK$1,000 HKS 38,304 Sept. 12 Purchases 74 1.030 76,220 Sept. 19 Purchases 33 1,087 35,87: Sept. 26 Purchases 72 1,132 81,504 Totals HK$231,099 (a) Compute the ending inventory at September 30 and cost of goods sold using the FIFO and average cost methods. (Round per unit cost to 3 decimal places g. 15.125 and final answers to o decimal places, .9. 125.) 217 FIFO Average cost The ending inwentory at September 30 ks HKS Cost of goods sold HKS H (b) For both FIFO and average-cont calculate the sum ofanding inventory and cost of goods sold (Hound per unit cost to decimal places g. 15.125 and Ninal answers to decimal places, e.g. 125.) FIFO Average Cost The sum of ending inventory and cost of goods sold HKS By accessing is Question Assistance, you will learn while you can points based on the point Potential Polies by your instructor wen

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