Please do not give solution in image format thanku Calculate the weighted-average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)September 1September 5September 12September 16$$$$September 19 $(a2)September 26 $September 29 $eTextbook and MediaCompute ending inventory at September 30 using FIFO, LIFO, and moving-average. (Round answers to O decimal places, e.g. 125.)The ending inventory $FIFOLIFOAVERAGE-COST REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the samemonth, 110 snowboards were sold.DateSept. 1Sept. 12Sept. 19Sept. 26DateExplanation UnitsInventoryPurchasesSept. 5Sept. 16Sept. 29PurchasesPurchasesTotalsSaleSaleSaleTotalsUnits8485413110455823Additional data regarding the company's sales of snowboards are provided below. Assume that REI uses a perpetual inventory system.139Unit Cost$107110111112Total Cost$1,3914,9506,4382,576$15,355

Weighted Average Cost: The average cost technique determines the cost of inventory items by dividing…

Calculate the weighted-average unit cost. (Round answers to 3 decimal places, e.g. 5.125.) September 1 September 5 $ September 16 $ +A September 26 September 12 $ September 29 LA (a2) +A September 19 $ $ tA LA eTextbook and Media Compute ending inventory at September 30 using FIFO, LIFO, and moving-average. (Round answers to 0 decimal places, e.g. 125.) The ending inventory $ FIFO $ LIFO $ AVERAGE-COST

Calculate the weighted-average unit cost. (Round answers to 3 decimal places, e.g. 5.125.) September 1 September 5 $ September 16 $ +A September 26 September 12 $ September 29 LA (a2) +A September 19 $ $ tA LA eTextbook and Media Compute ending inventory at September 30 using FIFO, LIFO, and moving-average. (Round answers to 0 decimal places, e.g. 125.) The ending inventory $ FIFO $ LIFO $ AVERAGE-COST

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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