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Carla Vista Co. sells an ultra-lightweight snowboard that is considered to be one of the...

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Accounting

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Carla Vista Co. sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Carla Vista's purchases and sales of the ultra-lightweight snowboard in October: Unit Sales Price Unit Purchase Price $297 305 Date Oct. 1 10 12 13 25 27 Transaction Beginning inventory Purchase Sale Purchase Sale Purchase Units 25 30 (42) 35 (45) 20 $460 312 470 320 Calculate the cost of goods sold and the ending inventory using FIFO and weighted average, assuming Carla Vista uses 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 $ Cost of goods sold $ $ $ What would be the ending inventory and cost of goods sold if Carla Vista 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 Cost of goods sold $ GA

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