Oriole Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information

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answerhappygod
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Oriole Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information

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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:
Oct. 1
Beginning inventory
10
Purchase
12
Sale
13
Purchase
25
Sale
27
Purchase
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.)
Ending inventory
Cost of goods sold
eTextbook and Media
What would be the ending inventory and cost of goods sold if Oriole 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.)
Ending inventory
Cost of goods sold
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