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HW6#17a: Use the following data to answer the Chapter 6 Comprehensive Review Question DEFROST Company sells snowmobiles using a periodic inventory system. January is their

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HW6#17a: Use the following data to answer the Chapter 6 Comprehensive Review Question DEFROST Company sells snowmobiles using a periodic inventory system. January is their peak business season. Transactions for DEFROST during January 2018 include the following: DATE EVENT 1-Jan Beginning Inventory 5-Jan Purchases+ Freight 13-Jan Sold 18-Jan Sold 23-Jan Purchases + Freight 25-Jan Sold TRANSACTIONS 8 Snowmobiles at $2,000 each 5 Snowmobiles at $2,500 each 9 Snowmobiles at $3,000 each 3 Snowmobiles at $3,000 each 7 Snowmobiles at $2,600 each 3 Snowmobiles at $3,200 each 24 HW6#17b:WORKSHEET: (21 points) FIFO LIFO AVERAGE COST Sales Beginning Inventory Cost of Goods Purchased Cost of Goods Available for Sale (Ending Inventory) Cost of Goods Sold Gross Profit

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