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Sandhill Co. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sandhill Co's purchases of EZslide snowboards during September.
Sandhill Co. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sandhill Co's purchases of EZslide snowboards during September. During the same month, 101 EZslide snowboards were sold. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Date Sept. 5 Sept. 16 Explanation Units Inventory Sept. 29 Purchases Purchases Purchases. Totals Sale Sale Sale Totals Units 7 49 45 10 101 47 49 25 131 Unit Cost Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Sandhill Co. uses a perpetual inventory system. $112 115 116 117 Total Cost $1,120 5,405 5,684 2,925 $15,134 4
Calculate the average unit cost
September 1
September 5
September 12
September 16
September 19
September 26
September 29
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