Oriole Company sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Oriole Company's purchases of EZslide snowboards during September. During the same month, 103 EZslide snowboards were sold. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Units Unit Cost Inventory $102 Purchases 105 Purchases 106 Purchases 107 Totals 14 45 49 25 133 Total Cost $1,428 4,725 5,194 2,675 $14,022

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Oriole Company sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Oriole
Company's purchases of EZslide snowboards during September. During the same month, 103 EZslide snowboards were sold.
Date
Sept. 1
Sept. 12
Sept. 19
Sept. 26
Explanation Units Unit Cost
$102
105
106
107
Date
Sept. 5
Sept. 16
Sept. 29
Inventory
Purchases
Purchases
Purchases
Totals
Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Oriole Company uses a
perpetual inventory system.
Sale
Sale
Sale
Totals
14
45
49
25
133
Units
9
49
45
103
September 1 $
Total Cost
$1,428
4,725
5,194
2,675
$14,022
Calculate the average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)
Transcribed Image Text:Oriole Company sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Oriole Company's purchases of EZslide snowboards during September. During the same month, 103 EZslide snowboards were sold. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Units Unit Cost $102 105 106 107 Date Sept. 5 Sept. 16 Sept. 29 Inventory Purchases Purchases Purchases Totals Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Oriole Company uses a perpetual inventory system. Sale Sale Sale Totals 14 45 49 25 133 Units 9 49 45 103 September 1 $ Total Cost $1,428 4,725 5,194 2,675 $14,022 Calculate the average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)
September 1 $
September 5
September 12
September 16
September 19
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:September 1 $ September 5 September 12 September 16 September 19 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
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