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Sandhill's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Sandhill's purchases of Xpert snowboards during September is shown below.
Sandhill's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Sandhill's purchases of Xpert snowboards during September is shown below. Units Unit Cost $95 Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases Totals 28 49 22 54 99 101 102 Total Cost $ 2,660 4.851 2.222 5.508 $15.241 153 Additional data regarding Sandhill's sales of Xpert snowboards are provided below. Assume that Sandhill's uses a perpetual inventory system. Date Sept. 5 Sept. 16 Sept. 29 Units 13 54 Sale Sale Sale Totals Unit Price $196 196 205 Total Revenue $2.548 10,584 13.120 $26,252 131 Part 1 Compute ending inventory at September 30 using FIFO. Ending inventory e Textbook and Media Sun An Attempts unlimited Snelor Latre Compute ending inventory at September 30 using LIFO. $ Ending inventory Compute ending inventory at September 30 using moving average (Round average cost per unit to 2 decimal places, eg. 1.28 and final answer to O decimal places, eg, 5,125), Ending inventory
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