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Can you please show all of your work and show where you are getting the numbers from? Thank you. Barbara's Boards sells a snowboard, Xpert,
Can you please show all of your work and show where you are getting the numbers from?
Barbara's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Barbara's purchases of Xpert snowboards during September is shown below. During the same month, 130 Xpert snowboards were sold. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 30 $90 $2,700 Sept. 12 Purchases 50 96 4,800 Sept. 19 Purchases 15 100 1,500 Sept. 26 Purchases 50 104 5,200 Totals 145 $14,200 Additional data regarding Barbara's sales of Xpert snowboards are provided below. Assume that Barbara's uses a perpetual inventory system Date Units Total Revenue Unit Price $185 Sept. 5 Sale 20 $3,700 Sept. 16 Sale 50 185 9,250 Sept. 29 Sale 60 208 12.480 Totals 130 $25,430 Calculate moving average cost at Sept 1,5, 12, 16, 19.26 & 29. (Round answers to 2 decimal places, e.g. 1.25.) September 1 $ 90 September 5 $ September 12 $ 93.75 September 16 $ September 19 $ 94.75 September 26 $ 97.93 September 29 $ $ Thank you.
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