Reference no: EM13516481

Speed World Cycles sells high-performance motorcycles and Motocross racers. One of the Speed World's most popular models is the Kazomomma 900 dirt bike. During the current year, Speed World purchased eight of these cycles at the following costs: Purchase date July 1 July 22 Aug 3 Units Purchased 2 3 3 8 Unit Cost 4,950 5,000 5,100 Total Cost 9,900 15,000 15,300 40,200 **(It wouldn't show the table for these things so I had to list them this way but assume they line up with one another in a table; such as July 1 had 2 units purchased at a unit cost of 4,950 making it a total cost of 9,900) On July 28th, Speed World sold four Kazomma 900 dirt bikes to the Vince Wilson racing team. The remaining four bikes reained in inventory at September 30, the end of Speed World's fiscal year.