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View Policies Current Attempt in Progress Sage Hill Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sage
View Policies Current Attempt in Progress Sage Hill Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sage Hill Inc.'s purchases of EZslide snowboards during September. During the same month, 100 EZslide snowboards were sold. Sage Hill Inc. uses a periodic inventory system. Date Explanation Units Unit Cost $110 15 Total Cost $1,650 5,424 48 113 Sept. 1 Sept. 12 Sept. 19 Sept. 26 Inventory Purchases Purchases Purchases 53 114 24 115 6,042 2,760 $15,876 Totals 140 (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 O decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at September 30 $ $ $
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