Linda S Boards Sells A Snowboard Xpert That Is Popular With Snowboard Enthusiast

Linda’s Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Linda’s purchases of Xpert snowboards during September is shown below. During the same month, 303 Xpert snowboards were sold. Linda’s uses a periodic inventory system.

Date

Explanation

Units

Unit Cost

Total Cost

Sept. 1Inventory65

$100

$ 6,500

Sept. 12Purchases113

104

11,752

Sept. 19Purchases50

108

5,400

Sept. 26Purchases125

113

14,125

   Totals353

$37,777

Posted in Uncategorized