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Exercise 6-15 (Part Level Submission) Sweet Acacia Co. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sweet Acacia
Exercise 6-15 (Part Level Submission) Sweet Acacia Co. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sweet Acacia Co.'s purchases of EZslide snowboards during September. During the same month, 103 EZslide snowboards were sold. Date Explanation Units Unit Cost Sept. 1 14 $110 113 45 Sept. 12 Sept. 19 Sept. 26 Inventory Purchases Purchases Purchases Total Cost $1,540 5,085 5,586 2,875 49 114 25 115 Totals 133 $15,086 Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Sweet Acacia Co. uses a perpetual inventory system. Date Units Sale Sept. 5 Sept. 16 Sale Sept. 29 Sale 45 Totals 103 (a) Calculate the average unit cost. (Round answers to 3 decimal places, e.g. 5.125.) September 1 A September 5 $ September 12 $ September 16 $ o September 19 o September 26 $ o September 29 $ o
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