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Question 6 of 13 < > View Policies -/1 III Current Attempt in Progress Novak's Boards sells a snowboard, Xpert, that is popular with

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Question 6 of 13 < > View Policies -/1 III Current Attempt in Progress Novak's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Novak's purchases of Xpert snowboards during September is shown below. During the same month, 121 Xpert snowboards were sold. Novak's uses a perpetual inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Sept. 12 Inventory 23 HK$1,232 HK$ 28,336 Purchases 45 1,296 58,320 Sept. 19 Purchases 20 1,336 26,720 Sept. 26 Purchases 44 1,344 59,136 Totals 132 HK$172,512 Date Units Unit Price Total Cost Sept. 5 Sale 12 HK$2,552 HK$30,624 Sept. 16 Sale 50 2,608 130,400 Sept. 29 Sale 59 2,680 158,120

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