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

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Crane Company Sells An Ultra Lightweight Snowboard That Is Considered To Be One Of The Best On The Market Information F 1 (12.7 KiB) Viewed 11 times

Crane Company Sells An Ultra Lightweight Snowboard That Is Considered To Be One Of The Best On The Market Information F 2 (10.72 KiB) Viewed 11 times

Crane Company Sells An Ultra Lightweight Snowboard That Is Considered To Be One Of The Best On The Market Information F 3 (10.49 KiB) Viewed 11 times

Crane Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Crane's purchases and sales of the ultra-lightweight snowboard in October: Date Oct. 1 10 12 13 25 27 Transaction Beginning inventory Purchase Sale Purchase Sale Purchase Units. 25 30 (42) 35 (45) 20 Unit Purchase Price $297 304 310 316 Unit Sales Price $469 479
Calculate the cost of goods sold and the ending inventory using FIFO and weighted average, assuming Crane uses a perpetual inventory system. (Round the weighted average cost per unit and final answers to 2 decimal places, eg. 5,265.25.) Ending inventory Cost of goods sold FIFO $ Weighted Average $
What would be the ending inventory and cost of goods sold if Crane used FIFO and weighted average in a periodic inventory system? (Round the weighted average cost per unit and final answers to 2 decimal places, eg. 5,265.25.) Ending inventory Cost of goods sold FIFO $ 12593 Weighted Average $