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Compute ending inventory at September 30 using FIFO, LIFO, and moving-average. (Round answers to 0 decimal places, e.g. 125.) Blossom Company sells a snowboard, EZ
Compute ending inventory at September 30 using FIFO, LIFO, and moving-average. (Round answers to 0 decimal places, e.g. 125.)
Blossom Company sells a snowboard, EZ slide, that is popular with snowboard enthusiasts. Below is information relating to Blossom Company's purchases of EZ slide snowboards during September. During the same month, 102 EZslide snowboards were sold. Date Explanation Units Unit Cost $115 Sept. 1 Inventory 13 Purchases 45 118 Sept. 12 Sept. 19 Sept. 26 Total Cost $1,495 5,310 5,831 3,000 $15,636 Purchases 49 119 Purchases 25 120 Totals 132 Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Blossom Company uses a perpetual inventory system. Date Units Sept. 5 Sept. 16 Sept. 29 Sale Sale Sale Totals 102 Compute ending inventory at September 30 using FIFO, LIFO, and moving-average. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory $ $ $
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