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(Solved): Metlock sells a snowboard, Ezslide, that is popular with snowboard enthusiasts. Below is informatio ...






Metlock sells a snowboard, Ezslide, that is popular with snowboard enthusiasts. Below is information relating to Metlocks pu
Metlock sells a snowboard, Ezslide, that is popular with snowboard enthusiasts. Below is information relating to Metlock's purchases of EZslide snowboards during September. During the same month, 105 EZslide snowboards were sold. Metiock uses a periodic inventory system. Compute the ending imventory at September 30 using the FIFO, LIFO and average-cost methods. Compute the cost of goods sold at September 30 using the FiFO, LiFO and average - cost methods:


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Ending inventory (FIFO)=20 units@$113+5 units@$1
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