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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
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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Calculate the weighted-average unit cost. (Round answers to 3 decimal places, e.g. 5.125.) September 1 September 5 September 12 September 16 $ $ $ $ September 19 $ (a2) September 26 $ September 29 $ eTextbook and Media Compute ending inventory at September 30 using FIFO, LIFO, and moving-average. (Round answers to O decimal places, e.g. 125.) The ending inventory $ FIFO LIFO AVERAGE-COST
Transcribed Image Text:Calculate the weighted-average unit cost. (Round answers to 3 decimal places, e.g. 5.125.) September 1 September 5 September 12 September 16 $ $ $ $ September 19 $ (a2) September 26 $ September 29 $ eTextbook and Media Compute ending inventory at September 30 using FIFO, LIFO, and moving-average. (Round answers to O decimal places, e.g. 125.) The ending inventory $ FIFO LIFO AVERAGE-COST
REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 110 snowboards were sold. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Date Explanation Units Inventory Purchases Sept. 5 Sept. 16 Sept. 29 Purchases Purchases Totals Sale Sale Sale Totals Units 8 48 54 13 110 45 58 23 Additional data regarding the company's sales of snowboards are provided below. Assume that REI uses a perpetual inventory system. 139 Unit Cost $107 110 111 112 Total Cost $1,391 4,950 6,438 2,576 $15,355
Transcribed Image Text:REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 110 snowboards were sold. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Date Explanation Units Inventory Purchases Sept. 5 Sept. 16 Sept. 29 Purchases Purchases Totals Sale Sale Sale Totals Units 8 48 54 13 110 45 58 23 Additional data regarding the company's sales of snowboards are provided below. Assume that REI uses a perpetual inventory system. 139 Unit Cost $107 110 111 112 Total Cost $1,391 4,950 6,438 2,576 $15,355
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