Snow-Tech, Inc. sells an Xpertski that is popular with ski enthusiasts. The following information shows Snow Tech's purchases and sales of Xpert skis during November: Unit Unit Sales Cost/Price Price Date Explanation Units 12 Nov. 1 Beginning inventory $297 5 302 Purchases 20 484 (43) 12 Sales 40 307 19 Purchases (45) 495 22 Sales 33 312 25 Purchases 37 (a) Determine the cost of goods sold and ending inventory using (1) FIFO and (2) average cost, assuming Snow Tech uses a perpetual inventory system. (Round FIFO answers to the nearest whole dollar, e.g. 5,275 and Average cost answers to 2 decimal places, e.g. 15.25. Do not round intermediate calculations.) FIFO Average Cost $ $ Cost of goods sold $ $ $ Ending inventory Submit Answer Attempts:0 of 1 used