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Question 2 of 7 < -/2 View Policies Show Attempt History Current Attempt in Progress Tamarisk sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Tamarisk's purchases of EZslide snowboards during September. During the same month, 105 EZslide snowboards were sold. Tamarisk uses a periodic Inventory system a Date Explanation Units Unit Cost Total Cost Sept 1 Inventory . 15 $96 $1,440 12 Purchase 45 98 4.410 19 Purchase 50 100 5.000 26 Purchase 20 101 2,020 Total 130 $12,870 Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods. FIFO LIFO AVERAGE-COST Ending inventory at September 30 $ $ Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost methods. FIFO LIFO AVERAGE-COST Cost of goods sold $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer

Question 7 of 7 > -/1 View Policies Current Attempt in Progress The following information is available for Oriole's Activewear Inc. for three recent fiscal years. 2022 2021 2020 Inventory (12/31) $608,300 $624,800 $365,200 Net sales 2.064,880 1,794,000 1.442,100 Cost of goods sold 1,645.120 1,339,520 1,041,700 (a) Calculate the inventory turnover, days in inventory, and gross proftrate for 2022 and 2021. (Round Inventory turnover and gross profit rate answers to 1 decimal place, ep. 52.7 and other answers to decimal places, eg, 125) 2022 2021 Inventory Turnover times times Days in Inventory days days Gross Profit Rate % % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer