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Sunburst sells a snowboard xpert that is popular with

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Sunburst sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Below is information relating to Sunburst%u2019s purchases of Xpert snowboards during September. During the same month, 116 Xpert snowboards were sold.

Date
Explanation
Units
Unit Cost
Total Cost
Sept. 1
Inventory
12
$100
$1,200
Sept. 12
Purchases
45
103
4,635
Sept. 19
Purchases
20
104
2,080
Sept. 26
Purchases
50
105
5,250


Totals
127


$13,165

 

Additional data regarding the company%u2019s sales of Xpert snowboards are provided below. Assume that Sunburst uses a perpetual inventory system.

Date


Units
Sept. 5
Sale
8
Sept. 16
Sale
48
Sept. 29
Sale
60


   Totals
116

Calculate the average unit cost.

September 1
$
September 5
$
September 12
$
September 16
$
September 19
$
September 26
$
September 29
$

Reference no: EM13577824

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