Answer Happy

Ivanhoe Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Ivanhoe'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 $298 305 312 318 Unit Sales Price $460 470
Calculate the cost of goods sold and the ending inventory using FIFO and weighted average, assuming Ivanhoe 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 FIFO Cost of goods sold $ eTextbook and Media Weighted Average $ $
What would be the ending inventory and cost of goods sold if Ivanhoe 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 FIFO Weighted Average $ $