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 Cost/Price Price Units Date Explanation 33 $297 Nov. 1 Beginning inventory 20 302 5 Purchases (39) 496 12 Sales 45 307 19 Purchases 507 (45) 22 Sales 33 312 25 Purchases 47 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, eg. 5,275 and Average cost answers to 2 decimal places, eg. 15.25. Do not round intermediate calculations.) FIFO Average Cost Cost of goods sold $ Ending inventory $ $ Attempts: 0 of 1 used Submit Answer Save for Later (6) The parts of this question must be completed in order. This part will be available when you complete the part above