CHAPTER 6 HOMEWORK Question 12 REI sells snowboards. Assume the following information relates to REI's...
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CHAPTER 6 HOMEWORK Question 12 REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 103 snowboards were sold. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Date Sept. 5 Sept. 16 Sept. 29 Explanation Units Unit Cost (a1) Inventory Purchases Purchases Purchases Totals Sale Sale Sale Totals Units 7 48 48 10 103 47 52 26 Additional data regarding the company's sales of snowboards are provided below. Assume that REI uses a perpetual inventory system. 135 $110 113 114 115 Total Cost $1,100 5,311 5,928 2,990 $15,329 Calculate the weighted-average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)
Additional data regarding the coingarys sales of snowboards are provided below. Assume that Ret uses aperpetual imventory system. (a1) Calculate the weiphtend- average unit cost, (Round answers to 3 decinal ploces, ej, 5.125)
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