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Exercise 6-15 (Part Level Submission) Teal Mountain Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Teal Mountain
Exercise 6-15 (Part Level Submission) Teal Mountain Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Teal Mountain Inc.'s purchases of Eslide snowboar during September. During the same month, 110 EZslide snowboards were sold. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases Units 13 45 Unit Cost $107 110 Total Cost $1,391 4,950 6,438 2,576 $15,355 111 58 23 139 112 Totals udy Additional data regarding the company's sales of Zslide snowboards are provided below. Assume that Teal Mountain Inc. uses a perpetual Inventory system, Date Units B Sept. 5 Sept. 16 Sept. 29 Sale Sale Sale 54 110 Totals Study (b) Compute ending inventory at September 30 using FIFO, LIFO, and moving average. (Round answers to 0 decimal places, e... 125.) FIFO LIFO AVERAGE-COST The ending inventory
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