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Sage Hill Inc. sells a snowboard, EZ slide, that is popular with snowboard enthusiasts. Below is information relating to Sage Hill Inc.'s purchases of EZslide

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Sage Hill Inc. sells a snowboard, EZ slide, that is popular with snowboard enthusiasts. Below is information relating to Sage Hill Inc.'s purchases of EZslide snowboards during September. During the same month, 100 EZslide snowboards were sold. Sage Hill Inc. uses a periodic inventory system. Units Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases Unit Cost $110 113 114 115 Total Cost $ 1,650 5,424 6,042 2,760 $15,876 Totals (a) Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to 0 decimal places, e.g. 125.) AVERAGE-COST The ending inventory at September 30 (b) Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to O decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST Cost of goods sold Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO

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