Indigo Corporation sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Indigo Corporations purchases of EZslide snowboards during September. During the same month, 102 EZslide snowboards were sold.

Date		Explanation		Units		Unit Cost		Total Cost
Sept. 1		Inventory		12		$ 105		$ 1,260
Sept. 12		Purchases		46		108		4,968
Sept. 19		Purchases		49		109		5,341
Sept. 26		Purchases		25		110		2,750
		Totals		132				$ 14,319

Additional data regarding the companys sales of EZslide snowboards are provided below. Assume that Indigo Corporation uses a perpetual inventory system.

Date				Units
Sept. 5		Sale		8
Sept. 16		Sale		49
Sept. 29		Sale		45
		Totals		102

(a)

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• Correct Answer

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Your answer is partially correct.

Calculate the average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)

September 1		$ enter a dollar amount
September 5		$ enter a dollar amount
September 12		$ enter a dollar amount
September 16		$ enter a dollar amount
September 19		$ enter a dollar amount
September 26		$ enter a dollar amount
September 29		$ enter a dollar amount

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(b)

Compute ending inventory at September 30 using FIFO, LIFO, and moving-average. (Round answers to 0 decimal places, e.g. 125.)

		FIFO		LIFO		AVERAGE-COST
The ending inventory		$ enter a dollar amount