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REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 106 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, 106 snowboards were sold. REI uses a periodic inventory system.

Sept. 1 Inventory Units~15 Unit Cost~$105 Total Cost~$1575

Sept. 12 Purchases Units~47 Unit Cost~$108 Total Cost~$5076

Sept. 19 Purchases Units~52 Unit Cost~$109 Total Cost~5668

Sept. 26 Purchases Units~22 Unit Cost~$110 Total Cost~2420

Total Units~136 Total Cost~$14739

Compute the ending inventory on September 30 using FIFO, LIFO, and average cost.

FIFO $____ 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, 106 snowboards were sold. REI uses a periodic inventory system. (a) Your answer is partially correct. 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 0 decimal places, e.g. 125.)

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