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Pharoah Company sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Pharoah Companys purchases of EZslide snowboards during September.

Pharoah Company sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Pharoah Companys purchases of EZslide snowboards during September. During the same month, 106 EZslide snowboards were sold.

Date

Explanation

Units

Unit Cost

Total Cost

Sept. 1

Inventory

14

$120

$1,680

Sept. 12

Purchases

44

123

5,412

Sept. 19

Purchases

55

124

6,820

Sept. 26

Purchases

25

125

3,125

Totals

138

$17,037

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

Date

Units

Sept. 5

Sale

8

Sept. 16

Sale

47

Sept. 29

Sale

51

Totals

106

(a)

Your answer is partially correct. Try again.
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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