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Patricia's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Patricia's purchases of Xpert snowboards during September is shown below.

Patricia's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Patricia's purchases of Xpert snowboards during September is shown below. During the same month,121Xpert snowboards were sold. Patricia's uses a periodic inventory system.

Date Explanation Units Unit Cost Total Cost

Sept. 1 Inventory 26 $96 $2,496

Sept. 12 Purchases 45 100 4,500

Sept. 19 Purchases 20 102 2,040

Sept. 26 Purchases 50 103 5,150

Totals 141 $14,186

Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods.

The ending inventory at September 30

FIFO $________

LIFO $________

Cost of goods sold

FIFO $________

LIFO $________

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