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Exercise 6-15 (Part Level Submission) Bridgeport Corp. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Bridgeport Corp.'s
Exercise 6-15 (Part Level Submission) Bridgeport Corp. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Bridgeport Corp.'s purchases of Ezslide snowboards during September. During the same month, 98 EZslide snowboards were sold. Date Sept. 1 Sept. 12 Explanation Inventory Units Unit Cost Total Cost 12 $102 $1,224 Purchases 44 105 4,620 Sept. 19 Purchases 481 106 5,088 Sept. 26 Purchases 30 107 3,210 Totals 134 $14,142 Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Bridgeport Corp. uses a perpetual inventory system. Units Date Sept. 5 Sale Sept. 16. Sale 46 Sept. 29 Sale 44 Totals
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