Question: Modules Current Attempt in Progress Srades MileyPLUS Support Bieber Inc. is a retailer operating in Calgary, Alberta. Bieber Inc. uses the perpetual inventory method. Assume


Modules Current Attempt in Progress Srades MileyPLUS Support Bieber Inc. is a retailer operating in Calgary, Alberta. Bieber Inc. uses the perpetual inventory method. Assume that there are no credit transactions, all amounts are settled in cash. You are provided with the following information for Bieber Inc. for the month of January 2017 Syllabus Quantity Unit Cost or Selling Price Chat 160 People Date Description Dec 31 Ending inventory Jan. 2 Purchase Jan. 6 Sale Jan. 9 Purchase Jan. 10 Sale Jan. 23 Purchase Jan. 30 Sale 100 180 75 Library Research Guide Syllabus NameCoach Roster Your answer is incorrect. Calculate average cost for each unit. (Round answers to 3 decimal places, s. 5.125.) Jan. 1 S Jan. 2 $ Jan. 10 Jan. 23 $ Jan. 30 $ Jan. 30 $ eTextbook and Media List of Accounts X Your answer is incorrect For each of the following cost flow assumptions, calculate li cost of goods sold, (ii) ending inventory, and (ii) gross profit. (Round answers to 0 decimal places, e.g. 125.) {1} LIFO (3) Moving average. Moving average Cost of goods sold $ Ending inventory $ Gross profit e Textbook and Media List of Accounts
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