Question: Please help! Current Attempt in Progress Bieber Inc. is a retailer operating in Calgary, Alberta. Bieber Inc. uses the perpetual inventory method. Assume that there

Please help!Please help! Current Attempt in Progress Bieber Inc. is a retailer operatingin Calgary, Alberta. Bieber Inc. uses the perpetual inventory method. Assume that

Current Attempt in Progress Bieber Inc. is a retailer operating in Calgary, Alberta. Bieber Inc. uses the perpetual inventory method. Assume that there a no credit transactions; all amounts are settled in cash. You are provided with the following information for Bieber Inc. for th month of January 2022. For each of the following cost flow assumptions, calculate (i) cost of goods sold, (ii) ending inventory, and (iii) gross profit. (Round per unit cost to 3 decimal places, eg. 15.647 and final answers to 0 decimal places, eg. 5, 125.) (1) LIFO. (2) FIFO. (3) Moving-average

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