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Sheffield sells a snowboard, EZslide, that is popular with snowboard enthusiasts. The following is information relating to Sheffield's beginning inventory and purchases of EZslide snowboards during September. During the same month, 97 EZslide snowboards were sold. Sheffield uses a periodic inventory system. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases Totals Units Unit Cost $92 12 Cost of goods sold 43 50 19 124 The ending inventory at September 30 95 $ 96 97 Total Cost $1,104 4,085 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, e.g. 15.647 and final answers to 0 decimal places, e.g. 5,125.) 4,800 FIFO 1,843 $11,832 $ SA LIFO SA Average-cost

Sheffield sells a snowboard, EZslide, that is popular with snowboard enthusiasts. The following is information relating to Sheffield's beginning inventory and purchases of EZslide snowboards during September. During the same month. 97 EZslide snowboards were sold. Sheffield uses a periodic inventory system. 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, e.g. 15.647 and final answers to 0 decimal places, e.s. 5,125.)

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