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 33 $300 5 Purchases 23 305 12 Sales (37) 490 19 Purchases 43 310 222 Sales (46) 501 25 Purchases 35 315 Your answer is incorrect. Determine the cost of goods sold and ending inventory using (1) FIFO and (2) average cost, assuming Powder uses a perpetual inventory system. (Round FIFO answers to the nearest whole dollar, e.g. 5,275 and Average cost answers to 2 decimal places, e.g. 15.25. Do not round intermediate calculations.) Cost of goods sold $ Ending inventory $ FIFO $ Average Cost