Question: Current Attempt in Progress Coronado Inc. is a retailer operating in British Columbia. Coronado uses the perpetual inventory system. All sales returns from customers result

 Current Attempt in Progress Coronado Inc. is a retailer operating in
British Columbia. Coronado uses the perpetual inventory system. All sales returns from
customers result in the goods being returned to inventory: the inventory is

Current Attempt in Progress Coronado Inc. is a retailer operating in British Columbia. Coronado uses the perpetual inventory system. All sales returns from customers result in the goods being returned to inventory: 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 Coronado Inc. for the month of January 2022 Date Description Quantity Unit Cost or Selling Price January 1 100 $21 Beginning inventory Purchase January 5 139 24 January 8 Sale 114 32 January 10 Sale return 10 32 January 15 Purchase 55 26 January 16 Purchase return 5 26 January 20 Sale 85 36 Purchase 26 28 January 25 (1) Your answer is incorrect Your answer is incorrect. Calculate the Moving average cost per unit at January 1,5,8, 10, 15, 16, 20, & 25. (Round answers to 3 decimal places, eg. 5.251.) Moving Average Cost per unit January 1 $ January 5 $ January 8 $ January 10 $ January 15 $ January 16 $ January 20 $ January 25 e Textbook and Media Attempts: 1 of 5 used Submit Answer Save for Later (a2) For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO.(2) FIFO. (3) Moving-average cost. (Round average-cost per unit to 3 decimal places, eg. 12.502 and final answer to O decimal places, 1,250.) LIFO FIFO Moving average Cost of goods sold $ $ Ending inventory $ $ $ 1 Gross profit $ $ $ e Textbook and Media

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