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REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 100 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, 100 snowboards were sold. REI uses a periodic inventory system. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 (a) Explanation Units Unit Cost Inventory Purchases Purchases Purchases Totals 10 45 50 20 125 $100 103 104 105 Total Cost $1,000 4,635 5,200 2,100 $12,935 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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REl sells snowboards. Assume the following information relates to REl's purchases of snowboards during September. During the same month, 100 snowboards were sold. REl uses a periodic inventory system. (a) Compute the ending imventory at September 30 using FIFO, LIFO, and average-cost. (Round averoge cost per unit to 3 decimal ploces, e.g. 125.153 and final answers to 0 decimal places, e.g. 125.)

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