Splish Brothers Inc. sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information…

Splish Brothers Inc. offers a popular snowboard called EZslide.
With snowboarders. This is Splish information.
Brothers Inc.’s purchases of EZslide snowboards during September.
101 EZslide snowboards were also purchased during that month.

Datum

Explanation

Units

Unit Cost

Total Cost

Sept. 1 Inventory

11

$106

$1,166

Sept. 12 Buys

46

109

5,014

Sept. 19 Buys

53

110

5,830

Sept. 26 Buys

21

111

2,331

Totals

131

$14,341

Additional data regarding the company’s sales of EZslide snowboards
These are available below. Let’s suppose that Splish Brothers Inc. makes use of a
Perpetual inventory system

Datum

Units

Sept. 5 Sales

8

Sept. 16 Sales

48

Sept. 29 Sales

45

   Totals

101

Use FIFO or LIFO to calculate ending inventory as of September 30,
moving-average. (Round solutions to 0 decimal places.
e.g. 125.)

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