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4 of 6 > 3.75/15 Lisa's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Lisa's purchases of Xpert snowboards
4 of 6 > 3.75/15 Lisa's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Lisa's purchases of Xpert snowboards during September is shown below. During the same month, 120 Xpert snowboards were sold. Date Sept. 1. Explanation Units Unit Cost Total Cost Inventory 25 $64 $1,600 Sept. 12 Purchases 45 70 Sept. 19 Purchases 15 72 27 3.150 1,080 Sept. 26. Purchases 50 73 3,650 Totals 135 $9.480 Additional data regarding Lisa's sales of Xpert snowboards are provided below. Assume that Lisa's uses a perpetual inventory system. Date Units Unit Price Total Revenue Sept. 5 Sale 10 $184 $1.840 Sept. 16 Sale 50 184 9,200 Question 4 of 6 > 3.75/15 E Additional data regarding Lisa's sales of Xpert snowboards are provided below. Assume that Lisa's uses a perpetual inventory system. Date Units Unit Price Total Revenue Sept. 5 Sale 10 $184 $1.840 Sept. 16 Sale 50 184 9,200 Sept. 29 Sale 60 212 12,720 Totals 120 $23,760 Question 4 of 6 Your answer is correct. Calculate moving average cost at Sept 1,5, 12, 16, 19.26 & 29. (Round answers to 2 decimal places, eg. 1.25) September 1 $ 64 September 5 $ 64 September 12 $ 68.5 September 16 $ 605 September 19 $ 706 September 26 $ 722 September 29 $ 722 3.75/15 CTCALEUNOICUra (a2) 3.75/15 E Attempts: 1 of 3 used Compute ending inventory at September 30 using FIFO, LIFO, and moving average cost. (Round average cost per unit to 2 decimal places, eg. 12.50 and final answer to O decimal places, eg. 1.250) The ending inventory eTextbook and Media Save for Later FIFO LIFO MOVING AVERAGE COST Attempts: 0 of 3 used Submit
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