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REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 108 snowboards were sold. REI uses

REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 108 snowboards were sold. REI uses a periodic inventory system. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 (a) Explanation Units Inventory Purchases Purchases Purchases Totals 11 Ending inventory at September 30 48 60 21 140 Unit Cost $116 119 120 121 Total Cost FIFO $1,276 5,712 7,200 2,541 Compute the ending inventory at September 30 using FIFO, LIFO, and average-cost. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to O decimal places, e.g. 125.) $16,729 LIFO $ AVERAGE-COST
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REI sells snowboards. Assume the following information relates to REl's purchases of snowboards during September. During the same month, 108 snowboards were sold. REl uses a periodic inventory system. (a) Compute the ending imventory at September 30 using FIFO, LIFO, and average-cost. (Round average cost per unit to 3 decimal places, es. 125,153 and final answers to 0 decimal ploces, es. 125.)

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