Question: DE9-2 Study Exhibit 9-3, page 349, and answer these questions: 1. What was the cost of Deckers' inventory purchases during the year? 2. How much

DE9-2 Study Exhibit 9-3, page 349, and answer these questions: 1. What was the cost of Deckers' inventory purchases during the year? 2. How much were Deckers' sales for the year? How much were cost of goods sold and the gross profit? What was the cost of ending inventory? 3. Study the journal entries in Panel A of the exhibit. How can you tell from the journal entries that Deckers is using the perpetual inventory system?

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