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Question 4 of 6 > Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 25 $ 80 $2,000 Sept. 12 Purchases 45 86 3,870
Question 4 of 6 > Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 25 $ 80 $2,000 Sept. 12 Purchases 45 86 3,870 Sept. 19 Purchases 15 94 1,410 Sept. 26 Purchases 50 98 4.900 Totals 135 $ 12,180 Additional data regarding Elizabeth's sales of Xpert snowboards are provided below. inventory system. Date Units Unit Price Total Revenue Sept. 5 Sale 10 $ 182 $ 1.820 Sept. 16 Sale 50 182 9.100 Sept. 29 Sale 60 207 12.420 Totals 120 $.23.340 Calculate moving average cost at Sept 1.5. 12. 16.19.26 & 29.(Round answers to 2 decimal places, eg. 1.25.) September 1 $ BO September 5 $ 80 September 12 $ 84.50 September 16 $ 8450 September 19 90.20 September 26 S 95:40 September 29 S 9540 e Textbook and Media TUUR Wer LOTELL ANSWertuseur 5/15 E Compute ending inventory at September 30 using FIFO, LIFO, and moving average cost. (Round average-cost per unit to 2 decimal places, eg. 12.50 and final answer to decimal places, eg 1.250.) FIFO LIFO MOVING AVERAGE COST The ending inventory $ 1470 $ 1.270 S 1.431 (b) Compare ending inventory using a perpetual inventory system to ending inventory using a periodic inventory system. Periodic Perpetual I Ending Inventory FIFO $ S Ending Inventory LIFO S e Textbook and Media
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