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2 REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 1 0 8 snowboards were
REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same
month, snowboards were sold. REI uses a periodic inventory system.
Your answer is partially correct.
Compute the ending inventory at September using FIFO, LIFO, and averagecostRound average cost per unit to decimal places,
eg and final answers to decimal places, eg
X Your answer is incorrect.
Compute the cost of goods sold for the month using the FIFO, LIFO, and averagecost methods. Round average cost per unit to
decimal places, eg and final answers to decimal places, eg
FIFO
Cost of goods sold
LIFO
$
AVERAGECOST
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