Mountain Country Inc. sells an Xpert skateboard that is popular with skateboard enthusiasts. The following information shows

Mountain Country's purchases and sales of Xpert skateboards during November:

$43$

Date Explanation Units

Unit

Cost$/$Price

Nov. $1$ Beginning inventory $33$ $$296$

$5$ Purchases $21301$

$12$ Sales $(39)498$

$19$ Purchases $44306$

$22$ Sales $(46)509$

$25$ Purchases $30311$Mountain Country Inc. sells an Xpert skateboard that is popular with skateboard enthusiasts. The following information shows

Mountain Country's purchases and sales of Xpert skateboards during November:

Determine the cost of goods sold and ending inventory using $(1)$ FIFO and $(2)$ average cost, assuming Mountain Country uses a

perpetual inventory system. $($Round FIFO answers to $0$ decimal places, e$.$g$.5,275$ and Average cost answers to $2$ decimal places, e$.$g$.$

$5,275\mathrm{.}25.$ Do not round intermediate calculations.$)$