Question

# Bridgeport’s Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Bridgeport’s...

Bridgeport’s Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Bridgeport’s purchases and sales of Xpert snowboards during September is shown below. During the same month, 224 Xpert snowboards were sold. Additional data regarding Bridgeport’s sales of Xpert snowboards are provided below. Assume that Bridgeport’s uses a perpetual inventory system.

 Date Explanation Units Unit Cost Total Cost 48 \$98 \$ 4,704 83 104 8,632 37 107 3,959 93 114 10,602 261 \$27,897
 Date Units Unit Price Total Revenue Sept. 5 22 \$199 \$4,378 93 199 18,507 109 209 22,781 224 \$45,666

How do you calculate moving average cost at Sept 1, 5, 12, 16, 19, 26 & 29. (Round answers to 2 decimal places, e.g. 1.25.)

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