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cer 6 - HW Question 4 of 7 -/15 View Policies Current Attempt in Progress Snow-Tech, Inc. sells an Xpert ski that is popular with
cer 6 - HW Question 4 of 7 -/15 View Policies Current Attempt in Progress Snow-Tech, Inc. sells an Xpert ski that is popular with ski enthusiasts. The following information shows Snow-Tech's purchases and sales of Xpert skis during November: Date Units 34 Nov, 1 5 12 19 Explanation Beginning inventory Purchases Sales Purchases Sales Purchases 24 (41) 41 (49) 32 41 Unit Unit Sales Cost/Price Price $297 302 463 307 515 312 22 25 (a) (a) Determine the cost of goods sold and ending inventory using (1) FIFO and (2) average cost, assuming Snow-Tech uses a perpetual inventory system. (Round FIFO answers to the nearest whole dollar, eg. 5,275 and Average cost answers to 2 decimal places, eg. 15.25. Do not round intermediate calculations.) FIFO Average Cost Cost of goods sold $ $ Ending inventory $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer ( (b)
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