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Boarder sells a snowboard, the xpert, that is popular with the snowman enthusiasts. Information relating to boarders purchases of xpert snowboards during September is below.
Boarder sells a snowboard, the xpert, that is popular with the snowman enthusiasts. Information relating to boarders purchases of xpert snowboards during September is below. On sept. 15, 41 Xpert snowboards were sold at $135 per unit. Boarder uses a perpetual inventory system.
Compute the ending inventory and the cost of goods sold on September 30 using FIFO and the average-cost methods.
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