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Ivanhoe Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Ivanhoe's purchases and

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Ivanhoe Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Ivanhoe's purchases and sales of the ultra-lightweight snowboard in October: Date Transaction Units Unit Purchase Price Unit Sales Price Oct. 1 Beginning inventory 25 $298 10 Purchase 30 305 12 22 Sale (42) $460 13 Purchase 35 312 25 Sale (45) 470 27 Purchase 20 318 4

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