Bridgeports Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Bridgeports purchases and sales of Xpert snowboards during September is shown below. During the same month, 224 Xpert snowboards were sold. Additional data regarding Bridgeports sales of Xpert snowboards are provided below. Assume that Bridgeports uses a perpetual inventory system.

Date		Explanation		Units			Unit Cost			Total Cost
Sept. 1		Inventory		48			$98			$ 4,704
Sept. 12		Purchases		83			104			8,632
Sept. 19		Purchases		37			107			3,959
Sept. 26		Purchases		93			114			10,602
		Totals		261						$27,897

Date				Units		Unit Price			Total Revenue
Sept. 5		Sale		22		$199			$4,378
Sept. 16		Sale		93		199			18,507
Sept. 29		Sale		109		209			22,781
		Totals		224					$45,666

1. How do you calculate moving average cost at Sept 1, 5, 12, 16, 19, 26 & 29. (Round answers to 2 decimal places, e.g. 1.25.)

2. Compute ending inventory at September 30 using FIFO, LIFO, and moving-average cost. (Round average-cost per unit to 2 decimal places, e.g. 12.50 and final answer to 0 decimal places, e.g. 1,250.)

FIFO LIFO Moving Average

Ending Inventory

3. Compute ending inventory using a perpetual inventory system to ending inventory using a periodic inventory system?

Periodic Perpetual

Ending Inventory FIFO

Ending Inventory LIFO