m/was/ui/v2/assessment-player/index.html?launchid=84be3f80-04d6-40df-9301-80889bd769ff4/question/0 Maps .../10 E Question 1 of 6 View Policies Current Attempt in Progress Snow-Tech, Inc. sells an Xpert skithat is popular with ski enthusiasts. The following information shows Snow Tech's purchases and sales of Xpert skis during November Unit Unit Sales Cost/Price Price Units Date Explanation Beginning inventory 34 $297 Nov. 1 5 302 Purchases 24 463 12 Sales 41 307 19 Purchases (49) 515 22 Sales 32 312 25 Purchases 41 (a) places, es. 15.25. Do not round intermediate calculations.) FIFO Average Cost Cost of goods sold $ 27170 $ 27190.92 Ending inventory $ 1239 $ 1272608 Attempts: 1 of 1 used (b) Determine the cost of goods sold and ending inventory using (1) FIFO and (2) average cost, assuming Snow-Tech uses a periodic inventory system. (Round FIFO answers to the nearest whole dollar, eg. 5,275 and Average cost answers to 2 decimal places, es 15.25. Round per unit cost to 2 decimal places, es. 15.25.) FIFO Average Cost Cost of goods sold $ $ $ $ Ending inventory Attempts: 0 of 1 used Submit Answer Save for later