Pharoah company sells a snowboard, ezslide, that is popular with snowboard enthusiasts. below is information relating to pharoah company’s purchases of ezslide snowboards during september. during the same month, 95 ezslide snowboards were sold. pharoah company uses a periodic inventory system.
date explanation units unit cost total cost
sept. 1 inventory 13 $104 $ 1,352
sept. 12 purchases 46 107 4,922
sept. 19 purchases 54 108 5,832
sept. 26 purchases 21 109 2,289
totals 134 $14,395
(a) compute the ending inventory at september 30 using the fifo, lifo and average-cost methods.(b) compute the cost of goods sold at september 30 using the fifo, lifo and average-cost methods.

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below. a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below. a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02