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Practice Assignment Gradebook ORION Downloadable eTextbook e WP 4 algnment INTRU TU TENANLIAL ALETT ES CALCULATOR MESSAGE HY INSTRUCTOR FULL SCREEN PINTER VERSION Exercise 6-04

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Practice Assignment Gradebook ORION Downloadable eTextbook e WP 4 algnment INTRU TU TENANLIAL ALETT ES CALCULATOR MESSAGE HY INSTRUCTOR FULL SCREEN PINTER VERSION Exercise 6-04 4 BAC Sheffield Corp. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sheffield Corp.'s purchases of Estide snowboards during September. During the same month, 100 EZSlide snowboards were sold. Sheffield Corp. uses a periodic inventory system Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 10 $100 $1,000 Sept. 12 Purchases 45 103 4,635 Sept. 19 Purchases 50 104 5,200 Sept. 26 Purchases 20 105 2,100 Totals 125 $12,935 ndy (a) Compute the ending inventory at September 30 using the FIFO, LIFO and average cost methods. (Round average cost per unit to decimal places. 125.15 and in answers to o decimal places, ... 125.) FIFO LIFO AVERAGE-COST The ending inventory at September 30 2620 $ 5 2030 $ (6) Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost methods. (Round average cost per unit to 3 decimal places 125.187 and a answers to o decimal places, eg. 125.) FIFO LIFO AVERAGE-COST Cost of goods sold 5 $ Legenda

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