Sweet Acacia Corp. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sweet Acacia Corp.'s purchases of EZslide snowboards during September....


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Ending inventory for average-cost


Cost of goods sold for LIFO and Average-cost


Sweet Acacia Corp. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sweet Acacia Corp.'s purchases of EZslide snowboards during September. During the same month, 104 EZslide<br>snowboards were sold. Sweet Acacia Corp. uses a periodic inventory system.<br>Total Cost<br>$ 1,540<br>Date<br>Explanation<br>Units<br>Unit Cost<br>Sept. 1<br>Inventory<br>14<br>$110<br>Sept. 12<br>Purchases<br>45<br>113<br>5,085<br>Sept. 19<br>Purchases<br>57<br>114<br>6,498<br>Sept. 26<br>Purchases<br>115<br>2,760<br>Totals<br>140<br>$15,883<br>

Extracted text: Sweet Acacia Corp. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sweet Acacia Corp.'s purchases of EZslide snowboards during September. During the same month, 104 EZslide snowboards were sold. Sweet Acacia Corp. uses a periodic inventory system. Total Cost $ 1,540 Date Explanation Units Unit Cost Sept. 1 Inventory 14 $110 Sept. 12 Purchases 45 113 5,085 Sept. 19 Purchases 57 114 6,498 Sept. 26 Purchases 115 2,760 Totals 140 $15,883

Jun 11, 2022
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