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Skysong sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Skysong's purchases of EZslide snowboards during September. During the
Skysong sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to
Skysong's purchases of EZslide snowboards during September. During the same month, EZslide snowboards were
sold. Skysong uses a periodic inventory system.
Compute the ending inventory at September using the FIFO, LIFO and averagecost methods.
FIFO
Ending inventory at
September
LIFO
$
AVERAGECOST
$
Compute the cost of goods sold at September using the FIFO, LIFO and averagecost methods.
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