Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 31 Mar 2018 My Price 7.00

Sage Hill Inc

Sage Hill Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sage Hill Inc.s purchases of EZslide snowboards during September. During the same month, 95 Ezslide snowboards were sold. Sage Hill Inc. uses a periodic inventory system. Explanation Units Unit Cost Total Cost Date 1,339 $103 Sept. 1 Inventory 13 4,876 Sept. 12 Purchases 46 106 Sept. 19 107 Purchases 47 5,029 19 108 2,052 Sept. 26 Purchases 125 $13,296 Totals (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 0 decimal places, e.g. 125.) LIFO AVERAGE COST FIFO The ending inventory at September 30 (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 LIFO AVERAGE COST Cost of goods sold

Show transcribed image text Sage Hill Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to Sage Hill Inc.'s purchases of EZslide snowboards during September. During the same month, 95 EZslide snowboards were sold. Sage Hill Inc. uses a periodic inventory system. (a) Compute the ending Inventory at September 30 using the FIFO, LIFO and average-cost methods. The ending Inventory at September 30 exist (b) Compute the cost of goods sold at September 30 using the FIFO, UFO and average-cost methods.

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Maurice Tutor
(5)
Status NEW Posted 31 Mar 2018 01:03 PM My Price 7.00

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