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Current Attempt in Progress REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 106
Current Attempt in Progress REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 106 snowboards were sold. REI uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 15 $105 $1,575 Sept. 12 Purchases 47 108 5,076 Sept. 19 Purchases 52 109 5,668 Sept. 26 Purchases 22 110 2,420 Totals 136 $14,739
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