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

Determine the cost of goods sold and ending inventory using (1) FIFO and (2) average cost, assuming Powder uses a periodic inventory system. (Round answers to 0 decimal places, e.g. 5,275.)

Unit Units Cost Unit Sales Price Date Transaction November 1 Beginning inventory 5 Purchases 12 Sales 19 Purchases 22 Sales 25 Purchases 34 $298 21 308 (39) 40 306 (50) 33 313 39 $471 486