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Chapter 6 Part 1 Homework Question 6 of 6 < > -/3.25 == Current Attempt in Progress Teal Mountain Inc. sells a snowboard, EZslide,
Chapter 6 Part 1 Homework Question 6 of 6 < > -/3.25 == Current Attempt in Progress Teal Mountain Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Teal Mountain Inc.'s purchases of EZslide snowboards during September. During the same month, 98 EZslide snowboards were sold. Teal Mountain Inc. uses a periodic inventory system. Date Sept. 1 Sept. 12 Explanation Units Inventory Unit Cost Total Cost 12 $101 $1,212 Purchases 45 104 4,680 Sept. 19 Sept. 26 Purchases 51 105 5,355 Purchases 18 106 1,908 Totals 126 $13,155 3) Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods. (Round average cost per
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