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Flint's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Flint's purchases of Xpert snowboards during September is shown below.
Flint's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Flint's purchases of Xpert snowboards during September is shown below. Date Units 31 Explanation Inventory Purchases Purchases Purchases Unit Cost $96 100 Sept. 1 Sept. 12 Sept. 19 Sept. 26 54 Total Cost $ 2,976 5,400 2,448 6,180 $17,004 24 102 60 103 Totals 169 Additional data regarding Flint's sales of Xpert snowboards are provided below. Assume that Flint's uses a perpetual inventory system. Date Units Unit Price Total Revenue Sept. 5 Sept. 16 Sept. 29 Sale Sale Sale 14 60 $199 199 $2,786 11,940 14,910 $29,636 71 210 Totals 145 Part 1 Compute ending inventory at September 30 using FIFO. $ Ending inventory Part 2 Compute ending inventory at September 30 using LIFO. $ Ending inventory e Textbook and Media Save for Later Attempts: unlimited Submit Answer Compute ending inventory at September 30 using moving-average. (Round average cost per unit to 2 decimal places, e.g. 1.28 and final answer to 0 decimal places, e.g. 5,125.) $ ta Ending inventory e Textbook and Media Save for Later Attempts: unlimited Submit Answer Scree
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