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Sheffield Corp. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sheffield Corp.s purchases of EZslide snowboards during September.

Sheffield Corp. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sheffield Corp.s purchases of EZslide snowboards during September. During the same month, 94 EZslide snowboards were sold. Sheffield Corp. uses a periodic inventory system.

DATE

EXPLANATION

UNITS

UNIT COST

TOTAL COST

Sept. 1

Inventory

11

$107

$1,177

Sept. 12

Purchases

44

$110

$4,840

Sept. 19

Purchases

47

$111

$5,217

Sept. 26

Purchases

20

$112

$2,240

Totals

=122

= $13,474

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.)

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