uestion 1 of 4 -/4 E : Bridgeport Corp.sells a snowboard, WhiteOut, that is popular with snowboard enthusiasts. Presented below is information relating to Bridgeport Corp's purchases of WhiteOut snowboards during September. During the same month, 121 WhiteOut snowboards were sold at $170 each. Bridgeport Corp. uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 32 $100 $3,200 Sept. 12 Purchases 42 106 4,452 Sept. 19 Purchases 31 110 3,410 Sept. 26 Purchases 46 112 5,152 Totals 151 $16,214 (a) Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO The ending inventory $ $ 25% score reduction after attempt 3 (b) For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. FIFO LIFO The sum of ending inventory and cost of goods sold $ $ What do you notice about the answers you found for each method? Under both methods, the sum of the ending inventory and cost of goods sold are e Textbook and Media Attempts: 0 of 4 used Submit Answer Save for later Using multiple attempts will impact your score. 25% score reduction after attempt 3