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Exercise 6-4 Indigo Corporation sells a snowboard, Ezslide, that is popular with snowboard enthusiasts. Below is information relating to Indigo Corporation's purchases of EZslide snowboards
Exercise 6-4 Indigo Corporation sells a snowboard, Ezslide, that is popular with snowboard enthusiasts. Below is information relating to Indigo Corporation's purchases of EZslide snowboards during September. During the same month, 94 EZslide snowboards were sold. Indigo Corporation uses a perlodie Inventory system Date Sept. 1 Sept 12 Purchases Sept. 19 Purchases Sept. 26 Purchases Explanation Units Unit Cost Total Cost 13 46 50 18 127 $94 97 98 1,222 4,462 4,900 1,782 $12,366 Inventory Totals (a) Compute the ending inventory at September 30 using the FIFO, LIFO and average-oost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to O decimal places, .g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at September 30 s (b) Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to O decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST Cost of goods sold s Click if you would like to Show work for this question: Ope how work
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