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q3 answer part a & b Wack Das + Chapter 6 Homework NAPA Question 3 of 6 > 1/3 View Policies Show Attemot History Current
q3 answer part a & b
Wack Das + Chapter 6 Homework NAPA Question 3 of 6 > 1/3 View Policies Show Attemot History Current Attempt in Progress Your answer is partially correct Waterway Corp. sells a snowboard. EZslide, that is popular with snowboard enthusiasts. Below is information relating to Waterway Corp's purchases of EZslide snowboards during September. During the same month, 108 EZside snowboards were sold. Waterway chep. uses a periodic inventory system, Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 10 $110 $ 1.100 Sept. 12 Purchases 53 113 5.989 Sept. 19 Purchases 54 114 6.156 Sept. 26 Purchases 23 115 2,645 Totals 140 $15,890 Question 3 of 6 1/3 (a) Compute the ending inventory at September 30 using the FIFO, LIFO and average cost methods. (Round average cost per unit to 3 decimal places, e.g. 125,153 and final answers to 0 decimal places, e.3. 125.) FIFO LIFO AVERAGE-COST The ending inventory at September 30 3673 3589 $ (b) 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, e.g. 125.153 and final answers to 0 decimal places, eg 125.) FIFO LIFO AVERAGE-COST $ Cost of goods sold 11971 11971 S 11916 e Textbook and Media Attempts: 1 of 5 used Submit Answer Save for Later Step by Step Solution
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