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please help with attached. Betty's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Betty's purchases of Xpert snowboards during

please help with attached.

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Betty's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Betty's purchases of Xpert snowboards during September is shown below. During the same month, 121 Xpert snowboards were sold. Betty's uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 26 $96 $ 2,496 Sept. 12 Purchases 45 104 4,680 Sept. 19 Purchases 20 106 2,120 Sept. 26 Purchases 50 107 5,350 Totals 141 $14,646 Your answer is correct. 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 2140 1920 Cost of goods sold 12506 12726 LINK TO TEXT x Your answer is incorrect. Try again. 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 soldThe management of Swifty Inc. is reevaluating the appropriateness of using its present inventory cost flowI method, which is averagecost. The company requests your help in determining the results of operations for 2020 if either the FIFO or the LIFO method had been used. For 2020, the accounting records show these data: Inventories Purchases and Sales Beginning (4,000 units) $8,000 Total net sales (180,000 units) $241000 Ending {14,000 units) Total cost of goods purchased (190,000 units) 466,000 Purchases were made quarterly as follows. Quarter llnils Unit Cost Total Cost 1 50,000 $2.20 $110,000 2 40,000 2.35 94,000 3 40,000 2.50 100,000 4 60,000 2.20 162,000 190,000 $466,000 Operating expenses were $135,000, and the company's income tax rate is 40%. Your answer is partially correct. Try again. Prepare comparative condensed income statements for 2020 under FIFO and LIFO. SWIFTY INC. Condensed Income Statements x x Sales Revenues Cost of Goods Sold x x Beginning Inventory 3: x Cost of Goods Purchased at x Cost of Goods Available for Sale v x x Ending Inventory 3: x Cost of Goods Sold at x Gross Profit;I {Loss} v c (

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