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Powder, Inc. sells an Xpert snowboard that is popular with snowboard enthusiasts. The following information shows F purchases and sales of Xpert snowboards during November:

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Powder, Inc. sells an Xpert snowboard that is popular with snowboard enthusiasts. The following information shows F purchases and sales of Xpert snowboards during November: (a) Determine the cost of goods sold and ending inventory using (1) FiFO and (2) average cost, assuming Powder uses. a perpetwal inventory system. (Round FIFO answers to the nearest whole dollar, eg 5.275 and Average cost answers to 2 decimal

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