Barbara's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Barbara's purchases of Xpert snowboards during September is shown below. During the same month, 130 Xpert snowboards were sold. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 30 $90 $2,700 Sept. 12 Purchases 50 96 4,800 Sept. 19 Purchases 15 100 1,500 Sept. 26 Purchases 50 104 5,200 Totals 145 $14.200 Additional data regarding Barbara's sales of Xpert snowboards are provided below. Assume that Barbara's uses a perpetual inventory system. Date Units Unit Price Total Revenue Sept. 5 Sale 20 $185 $3,700 Sept. 16 Sale 50 185 9,250 Sept. 29 Sale 60 208 12,480 Totals 130 $25,430
Barbara's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Barbara's purchases of Xpert snowboards during September is shown below. During the same month, 130 Xpert snowboards were sold. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 30 $90 $2,700 Sept. 12 Purchases 50 96 4,800 Sept. 19 Purchases 15 100 1,500 Sept. 26 Purchases 50 104 5,200 Totals 145 $14.200 Additional data regarding Barbara's sales of Xpert snowboards are provided below. Assume that Barbara's uses a perpetual inventory system. Date Units Unit Price Total Revenue Sept. 5 Sale 20 $185 $3,700 Sept. 16 Sale 50 185 9,250 Sept. 29 Sale 60 208 12,480 Totals 130 $25,430
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Topic Video
Question
![Can you please show all of your work and show
where you are getting the numbers from?
Thank you.
Barbara's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Barbara's purchases of
Xpert snowboards during September is shown below. During the same month, 130 Xpert snowboards were sold.
Date
Explanation
Units
Unit Cost
Total Cost
Sept. 1
Inventory
30
$90
$2,700
Sept. 12
Purchases
50
96
4,800
Sept. 19
Purchases
15
100
1,500
Sept. 26
Purchases
50
104
5,200
Totals
145
$14,200
Additional data regarding Barbara's sales of Xpert snowboards are provided below. Assume that Barbara's uses a perpetual inventory
system.
Date
Units
Unit Price
Total Revenue
Sept. 5
Sale
20
$185
$3,700
Sept. 16
Sale
50
185
9,250
Sept. 29
Sale
60
208
12,480
Totals
130
$25,430
Calculate moving average cost at Sept 1, 5, 12, 16, 19, 26 & 29. (Round answers
2 decimal places, e.g. 1.25.)
September 1
%24
90
September 5
%24
September 12
%24
93.75
September 16
%24
September 19
%24
94.75
September 26
%24
97.93
September 29
%24](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb902f1dd-0dcf-4526-ac31-eb97cd19fa78%2F411b4dbc-bdaf-41a3-8004-351181ce0a1b%2Fz4pymcq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Can you please show all of your work and show
where you are getting the numbers from?
Thank you.
Barbara's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Barbara's purchases of
Xpert snowboards during September is shown below. During the same month, 130 Xpert snowboards were sold.
Date
Explanation
Units
Unit Cost
Total Cost
Sept. 1
Inventory
30
$90
$2,700
Sept. 12
Purchases
50
96
4,800
Sept. 19
Purchases
15
100
1,500
Sept. 26
Purchases
50
104
5,200
Totals
145
$14,200
Additional data regarding Barbara's sales of Xpert snowboards are provided below. Assume that Barbara's uses a perpetual inventory
system.
Date
Units
Unit Price
Total Revenue
Sept. 5
Sale
20
$185
$3,700
Sept. 16
Sale
50
185
9,250
Sept. 29
Sale
60
208
12,480
Totals
130
$25,430
Calculate moving average cost at Sept 1, 5, 12, 16, 19, 26 & 29. (Round answers
2 decimal places, e.g. 1.25.)
September 1
%24
90
September 5
%24
September 12
%24
93.75
September 16
%24
September 19
%24
94.75
September 26
%24
97.93
September 29
%24
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