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ending inventory at september 30 and cost of goods sold using FIFO and LIFO Debra's Boards sells a snowboard, Xpert, that is popular with snowboard
ending inventory at september 30 and cost of goods sold using FIFO and LIFO
Debra's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Debra's purchases of Xpert snowboards during September is shown below. During the same month, 124 Xpert snowboards were sold. Debra's uses a periodic inventory system, Date Units Unit Cost Total Cost Explanation Inventory Sept. 1 28 $95 $ 2.660 Sept. 12 Purchases 45 103 4,635 Sept. 19 Purchases 20 105 2,100 Sept. 26 Purchases 50 106 5,300 Totals 143 $ 14,695 Your answer is incorrect Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO The ending inventory at September 30 $ 2.104 $ Cost of goods sold $ 14,695 $ e Textbook and Media Attempts: 1 of 3 used submit Andere Save for Later Last saved 1 hour ago Sind work will be auto-submitted on the due date Auto Submission can take up to 10 minutes www.youtube.com Dr Dray 10 TIPS FOR HARD WA Step by Step Solution
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