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View Policies Current Attempt in Progress Oriole Company sells an ultra-lightweight snowboard that is considered...

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Accounting

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View Policies Current Attempt in Progress Oriole Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Oriole's purchases and sales of the ultra-lightweight snowboard in October: Unit Purchase Price Unit Sales Price Date Transaction Units Oct. 1 Beginning inventory 25 $295 10 Purchase 30 303 12 Sale (42) $473 13 Purchase 35 309 25 Sale (45) 483 27 Purchase 20 315 (a) Calculate the cost of goods sold and the ending inventory using FIFO and weighted average, assuming Oriole uses a 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 $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit

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