BU JUULUU Current Attempt in Progress Sweet Inc. is a retailer operating in Centralia. Sweet uses the perpetual inventory method. All sales returns from customers result in the goods being returned to inventory. (Assume that the inventory is not damaged.) Assume that there are no credit transactions, all amounts are settled in cash. You are provided with the following information for Sweet Inc. for the month of January 2017 Unit Cost or Selling Price $18 19 Date Dec 31 Jan. 2 Jan. 6 Jan. 9 Jan. 10 Jan. 23 Jan. 30 32 Description Ending inventory Purchase Sale Purchase Sale Purchase Sale Quantity 140 120 150 85 70 21 38 24 100 110 46 (a) For each of the following cost flow assumptions, calculate (i) cost of goods sold. (ii) ending inventory, and (ii) gross profit. (1) FIFO. (2) FIFO. (3) Moving-average. (Round average cost per unit to 3 decimal places, e.g. 1.286 and final answers to 0 decimal places, e.g. 5.125.) LIFO FIFO Moving-average $ Cost of goods sold $ $ $ $ Ending inventory $ $ Gross profit TA