Powder, Inc. sells an Xpert snowboard that is popular with snowboard enthusiasts. The following information shows Powder's purchases and sales of Xpert snowboards during November: Unit Unit Sales Date Explanation Units Cost/Price Price Nov. 1 Beginning inventory 31 $297 5 Purchases 22 302 12 Sales (41) 476 19 Purchases 43 307 22 Sales (47) 487 25 Purchases 33 312 41 41 B Determine the cost of goods sold and ending inventory using (1) FIFO and (2) average cost, assuming Powder uses a periodic inventory system. (Round FIFO answers to the nearest whole dollar, e.g. 5,275 and Average cost answers to 2 decimal places, e.g. 15.2 Round per unit cost to 2 decimal places, e.g. 15.25.) FIFO Cost of goods sold $ Ending inventory $ Average Cost $ $