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REl 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
REl 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 Explanation 'Units Unit Cost Total Cost Sept. 1 Inventory 13 $115 $ 1,495 Sept. 12 Purchases 49 118 5,782 Sept. 19 ^ Purchases 54 119 6,426 Sept. 26 Purchases 24 120 2,880 Totals 140 $16,583 Compute the ending inventory at September 30 using FIFO, LIFO, and average-cost
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