Question: only need the second part! Problem 6-08A al-a2 (Part Level Submission) Bonita Industries is a retailer operating in Calgary, Alberta. Bonita uses the perpetual invento

Problem 6-08A al-a2 (Part Level Submission) Bonita Industries is a retailer operating in Calgary, Alberta. Bonita uses the perpetual invento method. Assume that there are no credit transactions; all amounts are settled in cash. You ar provided with the following information for Bonita for the month of January 2022. Date Quantity 172 Description Ending inventory Purchase Sale Purchase Unit Cost or Selling Price $22 22 Dec. 31 Jan. 2 Jan. 6 Jan. 9 103 179 41 68 22 Dan. 10 55 41 Jan. 23 Sale Purchase Sale 109 25 Jan. 30 132 48 (1) Your answer is partially correct. Try again. Calculate average cost for each unit. (Round answers to 3 decimal places, e.g. 5.125.) Jan. 1 22 $U Jan. 2 22 Jan. 6 22 Jan. 9 22 Jan. 10 22 Jan. 23 34.5 Jan. 30 34.5 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 2 of 2 used (a2) x Your answer is incorrect. Try again. For each of the following cost flow assumptions, calculate (1) cost of goods sold, (ii) ending inventory, and (iii) gross profit. (Round answers to 0 decimal places, e.g. 125.) (1) LIFO. (2) FIFO. (3) Moving-average. LIFO FIFA Moving average X Cost of goods sold 8461 7901 8115 X X Ending inventory 1680 2240 2026 X Gross profit 6485 7045 6831 Click if you would like to show Work for this question: Modify Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT
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