Calculate ending inventory using the average cost method.

Exercise 6-15 (Part Level Submission) Pharoah Company sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Pharoah Company's purchases of EZslide snowboards during September. During the same month, 106 EZslide snowboards were sold. Date Units 14 Explanation Inventory Purchases Purchases Purchases Unit Cost $120 123 Total Cost $1,680 5,412 Sept. 1 Sept. 12 Sept. 19 Sept. 26 44 55 124 6,820 25 125 3,125 Totals 138 $17,037 Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Pharoah Company uses a perpetual inventory system. Date Units Sale Sept. 5 Sept. 16 Sept. 29 Sale Sale 51 106 Totals