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Pronghorn Corp sells a snowboard, EZslide, that is popular with snowboard enthusiasts. Below is information relating to ProngCalculate the average unit cost. (Round answers to 3 decimal places, e.g. 5.125.) September 1 $ $ 115 September 5 $ $ 115 Sep

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Answer #1
Average Unit Cost
Sep 1 115.000
Sep 5 115.000
Sep 12 117.640
Sep 16 117.640
Sep 19 118.973
Sep 26 119.315
Sep 29 119.315

Working Note:

Date Trasaction Units Unit Cost Total Cost
Sep 1 Balance 13 115.000 1495.00
Sep 5 Sale -7 115.000 -805.00
Sep 5 Balance 6 115.000 690.00
Sep 12 Puchase 44 118.000 5192.00
Sep 12 Balance 50 117.640 5882.00
Sep 16 Sale -49 117.640 -5764.36
Sep 16 Balance 1 117.640 117.64
Sep 19 Puchase 49 119.000 5831.00
Sep 19 Balance 50 118.973 5948.64
Sep 26 Puchase 25 120.000 3000.00
Sep 26 Balance 75 119.315 8948.64
Sep 29 Sale -45 119.315 -5369.18
Sep 29 Balance 30 119.315 3579.46
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