Elsa's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Elsa's purchases of Xpert snowboards during September is shown below. During the same month, 121 Xpert snowboards were sold.

a. Compute ending inventory at September 30 using FIFO, LIFO, and moving-average cost. (For moving average, round the weighted-average unit cost to three decimal places.)

b. Compare ending inventory using a perpetual inventory system to ending inventory using a periodic inventory system (from E6.5).

c. Which inventory cost flow method (FIFO, LIFO) gives the same ending inventory value under both periodic and perpetual? Which method gives different ending inventory values?

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Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases Totals Additional data regarding Elsa's sales of Xpert snowboards are provided below. Assume that Elsa's uses a perpetual inventory system. Date Sept. 5 Sept. 16 Sept. 29 Sale Sale Sale Units 26 45 20 50 141 Totals Unit Cost $ 97 102 104 105 Units 12 50 59 121 Total Cost $ 2,522 4,590 2,080 5,250 $14,442 Unit Price $199 199 209 Total Revenue $ 2,388 9,950 12,331 $24,669