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Calculate moving average cost Elsa's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Elsa's purchases and sales of Xpert

Calculate moving average cost

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Elsa's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Elsa's purchases and sales of Xpert snowboards during September is shown below. During the same month, 121 Xpert snowboards were sold. Additional data regarding Elsa's sales of Xpert snowboards are provided below. Elsa's uses a perpetual inventory system. Calculate moving average cost at Sept 1, 5, 12, 16, 19, 26 & 29. (Round answers to 2 decimal places, e.g. 1.25.)

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