Question: WILL RATE! CALUCULATE ENDING INVENTORY WITH AVERAGE COST METHOD Q3 Stengel company sells a snowboard, WhiteOut, that is popular with snowboard enthusiasts. Presented below is

WILL RATE!

WILL RATE! CALUCULATE ENDING INVENTORY WITH AVERAGE COST METHOD Q3 Stengel company

CALUCULATE ENDING INVENTORY WITH AVERAGE COST METHOD

Q3 Stengel company sells a snowboard, WhiteOut, that is popular with snowboard enthusiasts. Presented below is information relating to Stengel Company's purchases of WhiteOut snowboards during September During the same month, 124 WhiteOut snowboards were sold at $160 each. Stengel company uses a periodic inventory system. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation UnitsUnit Cost Total Cost Inventory Purchases Purchases Purchases 25 45 24 50 144 $100 106 110 112 2,500 4,770 2,640 5,600 $15,510 Total

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