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Flints Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Flints purchases and sales of Xpert snowboards during September is

Flints Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Flints purchases and sales of Xpert snowboards during September is shown below. During the same month, 205 Xpert snowboards were sold. Additional data regarding Flints sales of Xpert snowboards are provided below. Assume that Flints uses a perpetual inventory system.

Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 44 $98 $ 4,312 Sept. 12 Purchases 77 103 7,931 Sept. 19 Purchases 34 107 3,638 Sept. 26 Purchases 85 112 9,520 Totals 240 $25,401 Date Units Unit Price Total Revenue Sept. 5 Sale 20 $199 $3,980 Sept. 16 Sale 85 199 16,915 Sept. 29 Sale 100 209 20,900 Totals 205 $41,795 Calculate moving average cost at Sept 1, 5, 12, 16, 19, 26 & 29.

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