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Sage Hill Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sage Hill Inc.'s purchases of EZ slide
Sage Hill Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sage Hill Inc.'s purchases of EZ slide snowboards during September. During the same month, 109 EZslide snowboards were sold. Date Units 11 Explanation Inventory Purchases Purchases Purchases Unit Cost $105 108 Sept. 1 Sept. 12 Sept. 19 Sept. 26 50 Total Cost $1,155 5,400 5,668 2,200 $14,423 52 109 20 110 133 Totals Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Sage Hill Inc. uses a perpetual inventory system. Units Date Sept. 5 Sept. 16 Sale 8 Sale 52 Sept. 29 Sale 49 Totals 109 Your answer is partially correct. Try again. Calculate the average unit cost. (Round answers to 3 decimal places, e.g. 5.125.) September 1 105 $ September 5 105 $ September 12 107.83 September 16 107.83 September 19 212.739 September 26 184.591 September 29 184.591 LINK TO TEXT x Your answer is incorrect. Try again. Compute ending inventory at September 30 using FIFO, LIFO, and moving-average. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory LINK TO TEXT
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