Question: CALCULATOR PRINTER VERSION BACK NEXT Exercise 6-04 Splish Brothers Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to
CALCULATOR PRINTER VERSION BACK NEXT Exercise 6-04 Splish Brothers Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Splish Brothers Inc.'s purchases of EZ slide snowboards during September. During the same month, 109 EZslide snowboards were sold. Splish Brothers Inc. uses a periodic inventory system. Units Unit Cost $119 Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 122 Explanation Inventory Purchases Purchases Purchases Totals Total Cost $ 1,309 6,100 7,134 2.852 $17,395 123 124 (a) Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to o decimal places, e.g. 125. FIFO LIFO AVERAGE-COST The ending inventory at September 30s (b) Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost methods. (Round average cost per unit to 3 decimal places, e.g. 125.153 and final answers to o decimal places, e.g. 125.) FIFO AVERAGE-COST Cost of goods solds Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO MacBook
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