nivig nisbienos pi ul bne Ansl sllinmU bre Ans tory and cost of g periodic FIFO, age-cost. E6-4 Mather sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Mather's purchases of EZslide snowboards during Sep- tember. During the same month, 102 EZslide snowboards were sold. Mather uses a periodic inventory system. 80gqfno AoolsH of 000 222 ofT SI 00 eboog blos IrioT borpoqxo ton s ahoog odT 85 19dmos mal limu doblisH doe Date diExplanation Sept. 1 Units Unit Cost Total Cost bope Inventory Purchases lite Purchases 12 $ 1,200 to Iauo4,635 o noi104b 80 5,200 boggida aboo 2,100 $100 45 bv 103 50 20 000 105 L indi Sept. 12 bro s Sept. 19 gide Purchases Sept. 26 Totals 127 $13,135 Instructions Compute the ending inventory at September 30 and the cost of goods sold using the FIFO, LIFO, and average-cost methods. (For average-cost, round the average unit cost to three decimal places.) Prove the amount allocated to cost of goods sold under each method. E6-5 Rusthe Inc. uses a periodic inventory system, Its records show the following for the Çalculate inver
nivig nisbienos pi ul bne Ansl sllinmU bre Ans tory and cost of g periodic FIFO, age-cost. E6-4 Mather sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Mather's purchases of EZslide snowboards during Sep- tember. During the same month, 102 EZslide snowboards were sold. Mather uses a periodic inventory system. 80gqfno AoolsH of 000 222 ofT SI 00 eboog blos IrioT borpoqxo ton s ahoog odT 85 19dmos mal limu doblisH doe Date diExplanation Sept. 1 Units Unit Cost Total Cost bope Inventory Purchases lite Purchases 12 $ 1,200 to Iauo4,635 o noi104b 80 5,200 boggida aboo 2,100 $100 45 bv 103 50 20 000 105 L indi Sept. 12 bro s Sept. 19 gide Purchases Sept. 26 Totals 127 $13,135 Instructions Compute the ending inventory at September 30 and the cost of goods sold using the FIFO, LIFO, and average-cost methods. (For average-cost, round the average unit cost to three decimal places.) Prove the amount allocated to cost of goods sold under each method. E6-5 Rusthe Inc. uses a periodic inventory system, Its records show the following for the Çalculate inver
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:nivig nisbienos pi ul bne Ansl sllinmU
bre Ans
tory and cost of
g periodic FIFO,
age-cost.
E6-4 Mather sells a snowboard, EZslide, that is popular with snowboard enthusiasts.
Below is information relating to Mather's purchases of EZslide snowboards during Sep-
tember. During the same month, 102 EZslide snowboards were sold. Mather uses a periodic
inventory system. 80gqfno AoolsH of 000 222
ofT SI
00 eboog blos IrioT
borpoqxo ton s ahoog odT 85 19dmos
mal limu doblisH doe
Date
diExplanation
Sept. 1
Units Unit Cost Total Cost
bope
Inventory
Purchases
lite Purchases
12
$ 1,200
to Iauo4,635
o noi104b 80 5,200 boggida
aboo 2,100
$100
45 bv 103
50
20 000 105
L indi Sept. 12
bro s Sept. 19
gide
Purchases
Sept. 26
Totals
127
$13,135
Instructions
Compute the ending inventory at September 30 and the cost of goods sold using the FIFO,
LIFO, and average-cost methods. (For average-cost, round the average unit cost to three
decimal places.) Prove the amount allocated to cost of goods sold under each method.
E6-5 Rusthe Inc. uses a periodic inventory system, Its records show the following for the
Çalculate inver
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