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    Harvard university
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Category > Accounting Posted 20 Jun 2017 My Price 6.00

Question 16

Question 16 Else's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Else's purchases of Xpert snowboards during September is shown below. During the same
month, 225 Xpert snowboards were sold. Else‘s uses a periodic inventory system. Date Explanitinn Unll: llnlt Coal: Total Coal:
Sept. 1 Inventory 48 $101 $ 4,348
Sept. 12 Purchases 84 103 8,552
Sept. 19 Purchases 37 109 4,033
Sept. 26 Purchases i 105 9.765 Totals fl $21298
V (a) Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods.
FIFO LIFO
The ending inventory at September 30 $ $ Cost of goods sold $ $ Attempts: 0 of 1 used am: so: LATER

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SuperTutor
(15)
Status NEW Posted 20 Jun 2017 02:06 AM My Price 6.00

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