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

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Accounting

REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 103 snowboards were sold. REl uses a periodic inventory system.
\table[[Date,Explanation,Units,Unit Cost,Total Cost],[Sept.1,Inventory,10,$111,$1,110 b) compute the cost of goods sold for the month using the fifo lifo and average cost method
REI sells snowboards: Assume the following information relates to REI's purchases of snowboards during September. During the same month, 103 snowboards were sold. REI uses a periodic inventory system.
\table[[Date,Explanation,Units,Unit Cost,Total Cost],[Sept.1,Inventory,10,$111,$1,110
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