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tamarisk sells a snowboard, whiteout, that is popular with snowboard enthusiasts. presented below is information...

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Accounting

tamarisk sells a snowboard, whiteout, that is popular with snowboard enthusiasts. presented below is information relating to tamarisk's purchases of whiteout snowboards during september. during the same month,
1
2
1
whiteout were sold at $
1
6
8
each. tamarisk uses a periodic inventory system. date:sep
1
,
explanation inventory, unit
2
7
,
unit cost $
9
9
,
total cost
2
6
7
3
.
date sept
1
2
,
explanation purchases, units
4
2
,
unit cost
1
0
6
,
total cost
4
4
5
2
.
date sept
1
9
,
explanation purchases, unit
2
5
,
unit cost
1
1
0
,
total cost
2
7
5
0
.
date sept
2
6
,
explanation purchases, unit
5
2
,
unit cost
1
1
2
,
total cost
5
8
2
4
.
totals units
1
4
6
,
total cost
1
5
6
9
9
.
compute the ending inventory at september 30. for both FIFO and LIFO, calcualate the sum of ending inventory and cost of goods sold. what do you notice about the answers you found for each method?

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