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View Policies Current Attempt in Progress REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same

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View Policies Current Attempt in Progress REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 110 snowboards were sold. REI uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 11 $110 $1.210 Sept. 12 Purchases 53 113 5.989 Sept. 19 Purchases 55 114 6,270 " Sept. 26 Purchases 25 115 2.875 Totals 144 $16.344 (a) Compute the ending inventory at September 30 using FIFO, LIFO, and average-cost. (Round average cost per unit to 3 decimal places, eg. 125.153 and final answers to O decimal places, eg 125) Ending inventory at September 30 FIFO LIFO AVERAGE COST

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