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NE PATER VERSION BACK Question 16 Carol's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Carol's purchases of Xpert

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NE PATER VERSION BACK Question 16 Carol's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Carol's purchases of Xpert snowboards during September is shown below. During the same month, 121 Xpert snowboards were sold. Carol's uses a periodic inventory system Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 26 $95 $ 2,470 Sept. 12 Purchases 45 104 4,680 Sept. 19 Purchases 20 106 2,120 Sent, 26 Purchases 50 107 5,350 Total 141 514,620 (a) Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LFO methods FIFO LIFO The ending inventory at September 30 5 Cost of goods sold

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