Exercise 6-17 (Part Level Submission) Lindas Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Lindas purchases and sales of Xpert snowboards during September is shown below. During the same month, 230 Xpert snowboards were sold. Additional data regarding Lindas sales of Xpert snowboards are provided below. Lindas uses a perpetual inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 49 $102 $ 4,998 Sept. 12 Purchases 86 105 9,030 Sept. 19 Purchases 38 107 4,066 Sept. 26 Purchases 95 114 10,830 Totals 268 $28,924 Date Units Unit Price Total Revenue Sept. 5 Sale 23 $199 $4,577 Sept. 16 Sale 95 199 18,905 Sept. 29 Sale 112 209 23,408 Totals 230 $46,890

Calculate moving average cost at Sept 1, 5, 12, 16, 19, 26 & 29. (Round answers to 2 decimal places, e.g. 1.25.)

September 1	$
September 5	$
September 12	$
September 16	$
September 19	$
September 26	$
September 29	$

Compute ending inventory at September 30 using FIFO, LIFO, and moving-average cost. (Round average-cost per unit to 2 decimal places, e.g. 12.50 and final answer to 0 decimal places, e.g. 1,250.)

		FIFO		LIFO		MOVING-AVERAGE COST
The ending inventory		$		$		$

Compare ending inventory using a perpetual inventory system to ending inventory using a periodic inventory system. (Round average-cost per unit to 2 decimal places, e.g. 12.50 and final answer to 0 decimal places, e.g. 1,250.)

		Periodic		Perpetual
Ending Inventory FIFO		$		$
Ending Inventory LIFO		$		$