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

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Pharoah's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Pharoah's purchases of Xpert snowboards during September is shown below. During the same month, 212 Xpert snowboards were sold. Pharoah's uses a periodic inventory system. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases Totals Units 46 79 35 Unit Cost $102 104 108 111 Total Cost $ 4,692 8,216 3,780 9,768 $26,456 88 248 Your answer is incorrect. Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO The ending inventory at September 30 $ $ For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. FIFO LIFO The sum of ending inventory and cost of goods sold $ $ $

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