Question: i need help on a and b Fifo, Lifo, Average cost T RESOURCES Exercise 6-4 6-4 Sarasota Corp. sells a snowboard, EZslide, that is popular
T RESOURCES Exercise 6-4 6-4 Sarasota Corp. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sarasota Corp.'s purchases of EZslide snowboards during September. During the same month, 109 EZslide snowboards were sold. Sarasota Corp. uses a periodic inventory system. pre sults by Study Date Explanation Inventory Units Unit Cost Total Cost Sept. 1 12 $91 $ 1,092 Sept. 12 Purchases 45 94 4,230 Sept. 19 Purchases 54 95 5.130 Sept. 26 Purchases 22 96 2.112 Totals 133 $12.564 (a) Compute the ending inventory at September 30 using the FIFO. LIFO and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answens to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at September 30 (b) Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost metheds. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to O decimal places, e o 12s.) FIFO LIFO AVERAGE-COST Cost of goods sold LINK YO TRNY greemact PrC Belicy
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