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Question 2 Splish Brothers Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Splish Brothers Inc.'s purchases of
Question 2 Splish Brothers Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Splish Brothers Inc.'s purchases of EZside snowbo same month, 109 EZslide snowboards were sold. Splish Brothers Inc. uses a periodic inventory system. Units Unit Cost Date Explanation Total Cost 11 $119 Sept. 1 $1,309 Inventory Sept. 12 Sept. 19 50 122 6,100 Purchases 58 123 7,134 Purchases 23 2,852 Sept. 26 Purchases 124 142 $17,395 Totals (a) Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 a places, e.g. 125.) AVERAGE-COST FIFO LIFO The ending inventory at September 30 %24 (b) Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 places, e.g. 125.) AVERAGE-COST LIFO FIFO Cost of goods solds LINK TO VIDEO LINK TO TEKT Question Attempts: 0 of S used MacBook Air >> F10 F7 30 F3 F4 FI F2 & 24 #3 9. 7. 4. 2
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