Question: Current Attempt in Progress Your answer is incorrect Cullumber sells a snowboard, EZsilde, that is popular with snowboard enthusiasts. The following is information relating to
Current Attempt in Progress Your answer is incorrect Cullumber sells a snowboard, EZsilde, that is popular with snowboard enthusiasts. The following is information relating to Cullumber's purchases of EZslide snowboards during September. During the same month, 106 EZslide snowboards were sold. Cullumber uses a periodic inventory system Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 11 $111 $1.221 Sept. 12 Purchases 47 114 5,358 Sept. 19 Purchases 49 115 5635 Sept. 26 Purchases 21 116 2.436 Totals 128 $14,650 Compute the ending inventory at September 30 and the cost of goods sold using the FIFO, LIFO and average cost methods (Round per unit cost to 3 decimal places, s 15.647 and final answers to decimal places, es 5,125) FIFO LIFO Average cost The ending inventory at September 30 5 5 5 Cost of goods sold
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