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Your answer is partially correct. Try again. Shamrock, Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Shamrock,
Your answer is partially correct. Try again. Shamrock, Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Shamrock, Inc.s purchases of EZslide snowboards during September. During the same month, 104 EZslide snowboards were sold. Shamrock, Inc. uses a periodic inventory system. Date ept. 1 Inventory Sept. 12 Purchases Sept. 19 Purchases Sept. 26 Purchases Explanation Units Unit Cost Total Cost $ 1,140 4,410 5,049 1,900 $12,499 $95 98 12 45 51 19 127 100 Totals (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 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at September 30 2296 221 2263.598 (b) Compute the cost of goods sold 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 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST Cost of goods sold 98.417 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT
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