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Units Total Cost 26 Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases Unit Cost $96 101 45 20 103

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Units Total Cost 26 Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases Unit Cost $96 101 45 20 103 $ 2,496 4,545 2,060 5,200 $14,301 50 104 Totals 141 Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO The ending inventory at September 30 $ Cost of goods sold $ $ e Textbook and Media 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 s Ruth's Boards sells a sa snowboard. Xpert, that is popular with snowboard enthusiasts. Information relating to Ruth's purchases of Xpert snowboards during September is shown below. During the same month, 121 Xpert snowboards were sold, Ruth's uses a periodic Inventory system Units 26 Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 45 Explanation Inventory Purchases Purchases Purchases Totals Unit Cost $96 101 103 104 Total Cost $ 2,496 4.545 2,060 5.200 $14,301 20 50 141 Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods FIFO LIFO 5 The ending Inventory at September 30 $ Cost of goods sold e Textbook and Media Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods, FIFO LIFO $ $ The ending inventory at September 30 Cost of goods sold e Textbook and Media For both FIFO and UFO, calculate the sum of ending inventory and cost of coods sold FIFO LIFO The sum of endins lewentory and cost of goods sold

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