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REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 1 1 6 snowboards were sold.

REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same

month,

116

snowboards were sold.

Additional data regarding the company's sales of snowboards are provided below. Assume that REI uses a perpetual inventory system.

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