Question: Information about Delmott is presented in E6-4. Additional data regarding the companys sales of Xpert snowboards are provided below. Assume that Delmott uses a perpetual

Information about Delmott is presented in E6-4. Additional data regarding the companyâ€™s sales of Xpert snowboards are provided below. Assume that Delmott uses a perpetual inventory system.

Instructions
Compute ending inventory at September 30 using FIFO, LIFO, and moving-average.

Date Sept. 5 Sale Sept. 6 Sale Sept. 9 Sale Units 2 48 46 Totals 102

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Ending inventory 2607 Rounded a 5035 49 102755 b 5303 51 103980 c 7403 71 104268 ... View full answer

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