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Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Shamrock, Inc.'s purchases of EZslide Shamrock, snowboards during September.
Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Shamrock, Inc.'s purchases of EZslide Shamrock, snowboards during September. During the same month, 102 EZslide snowboards were sold Explanation Units Unit Cost Total Cost Sept. 1 Sept. 12 Sept. 19 Sept. 26 Inventory Purchases Purchases Purchases 13 43 48 21 $109 112 113 114 $1,417 4,816 5,424 2,394 $14,051 Totals125 Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Shamrock, Inc. uses a perpetual inventory system. Units Date Sept. 5 Sept. 16 Sept. 29 Sale Sale Sale 8 47 47 Totals102 Calculate the average unit cost. (Round answers to 3 decimal places, e.g. 5.125.) September 1 s September 5 s September 12 s September 16 September 19 September 26 September 29
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