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Metlock sells a snowboard, WhiteOut, that is popular with snowboard enthusiasts. Presented below is information relating to Metlock's purchases of WhiteOut snowboards during September. During
Metlock sells a snowboard, WhiteOut, that is popular with snowboard enthusiasts. Presented below is information relating to
Metlock's purchases of WhiteOut snowboards during September. During the same month, WhiteOut snowboards were sold at
$ each. Metlock uses a periodic inventory system.
a
Compute the ending inventory at September and cost of goods sold using the FIFO and LIFO methods.
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