Question: Compute ending inventory using LIFO, FIFO, & average cost for both parts. REI sells snowboards. Assume the following information relates to REI's purchases of snowboards

Compute ending inventory using LIFO, FIFO, & average cost for both parts.
 Compute ending inventory using LIFO, FIFO, & average cost for both
parts. REI sells snowboards. Assume the following information relates to REI's purchases

REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 105 snowboards were sold, REl uses a periodic inventory system. Compute the ending inventory at September 30 using FIFO. LIFO, and average-cost. (Round average cost per unit to 3 decimal places, eg. 125.153 and final answers to 0 decimal places, es. 125.) Compute the ending inventory at September 30 using FIFO, LIFO, and average-cost. (Round average cost per unit to 3 decimal places, eg. 125.153 and final answers to 0 decimal places, eg. 125.) eTextbook and Media Compute the cost of goods sold for the month using the FIFO, LIFO, and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to 0 decimal places, es. 125.)

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