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Current Attempt in Progress REI sells snowboards. Assume the following information relates to REl's purchases of snowboards during September. During the same month, 104 snowboards
Current Attempt in Progress REI sells snowboards. Assume the following information relates to REl's purchases of snowboards during September. During the same month, 104 snowboards were sold. REI uses a periodic inventory system. Compute the cost of goods sold for the month using the FIFO, LIFO, and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to 0 decimal places, e.g. 125.)
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