Sandhill Co. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sandhill C purchases of EZslide snowboards during September. During the same month, 101 EZslide snowboards were sold. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Date Explanation Units Inventory Purchases Purchases Sept. 5 Sept. 16 Sept. 29 Purchases Totals Sale Sale Sale Totals Units 7 49 45 10 101 47 49 Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Sandhill Co. uses a perpetu inventory system. 25 131 Unit Cost $112 115 116 117 Total Cost $1,120 5,405 5,684 2,925 $15,134

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
59
SA
SA
U+
Transcribed Image Text: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 59 SA SA U+
Sandhill Co. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sandhill Co
purchases of EZslide snowboards during September. During the same month, 101 EZslide snowboards were sold.
Date
Sept. 1
Sept. 12.
Sept. 19
Sept. 26
Explanation Units Unit Cost
Inventory
$112
Purchases
Purchases
Date
Sept. 5
Sept. 16
Sept. 29
Purchases
Totals
Sale
Sale
Sale
Totals
Units
7
49
45
10
101
47
49
25
Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Sandhill Co. uses a perpetua
inventory system.
131
115
116
117
Total Cost
$1,120
5,405
5,684
2,925
$15,134
Transcribed Image Text:Sandhill Co. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sandhill Co purchases of EZslide snowboards during September. During the same month, 101 EZslide snowboards were sold. Date Sept. 1 Sept. 12. Sept. 19 Sept. 26 Explanation Units Unit Cost Inventory $112 Purchases Purchases Date Sept. 5 Sept. 16 Sept. 29 Purchases Totals Sale Sale Sale Totals Units 7 49 45 10 101 47 49 25 Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Sandhill Co. uses a perpetua inventory system. 131 115 116 117 Total Cost $1,120 5,405 5,684 2,925 $15,134
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