Wildhorse Co. sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Wildhorse’s purchases and sales of the ultra-lightweight snowboard in October:

Date		Transaction		Units				Unit Purchase Price			Unit Sales Price
Oct. 1		Beginning inventory			25			$297
10		Purchase			30			303
12		Sale			(42)						$463
13		Purchase			35			310
25		Sale			(45)						473
27		Purchase			20			318

Calculate the cost of goods sold and the ending inventory using FIFO and weighted average, assuming Wildhorse uses a perpetual inventory system. (Round the weighted average cost per unit and final answers to 2 decimal places, e.g. 5,265.25.)

		FIFO		Weighted Average
Ending inventory		$enter a dollar amount		$enter a dollar amount
Cost of goods sold		$enter a dollar amount		$enter a dollar amount

What would be the ending inventory and cost of goods sold if Wildhorse used FIFO and weighted average in a periodic inventory system? (Round the weighted average cost per unit and final answers to 2 decimal places, e.g. 5,265.25.)

		FIFO		Weighted Average
Ending inventory		$enter a dollar amount		$enter a dollar amount
Cost of goods sold		$enter a dollar amount		$enter a dollar amount