Powder, Inc. sells an Xpert snowboard that is popular with snowboard enthusiasts. The following information shows Powder's purchases and sales of Xpert snowboards during November:

Instructions
(a) Determine the cost of goods sold and ending inventory using
(1) FIFO and
(2) Average cost, assuming Powder uses a perpetual inventory system. (For average, use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.)
(b) Determine the cost of goods sold and ending inventory using
(1) FIFO and
(2) Average cost, assuming Powder uses a periodic inventory system. (For average, use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.)

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Date Transaction Units Unit Cos Unit Sales Price Nov. 1 Beginning inventory 30 25 (42) 40 (50) 30 $295 5 Purchases 12 Sales 19 Purchases 22 Sales 25 Purchases 300 305 310 $460 470