North Hills, Inc. sells an Xpert snowshoe that is popular with snowshoe enthusiasts. The following information shows North Hills's purchases and sales of Xpert snowshoes during November: Unit Unit Sales Date Explanation Units Cost/Price Price Nov. 1 Beginning inventory 33 $300 5 Purchases 23 305 12 Sales (37) 490 19 Purchases 43 310 22 Sales (46) 501 25 Purchases 35 315 51 Activate Go to Setting Determine the cost of goods sold and ending inventory using (1) FIFO and (2) average cost, assuming North Hills uses a periodic inventory system. (Round FIFO answers to the nearest whole dollar, eg. 5,275 and Average cost answers to 2 decimal places, e.g. 15.25. Round per unit cost to 2 decimal places, eg. 15.25) FIFO Average Cost Cost of goods sold $ $ Ending inventory $ $