Question: Problem 6-8A (Part Level Submission) Pember Inc. is a retailer operating in Edmonton, Alberta. Pember uses the perpetual inventory method. All sales returns from customers

Problem 6-8A (Part Level Submission) Pember Inc. is a retailer operating

in Edmonton, Alberta. Pember uses the perpetual inventory method. All sales returns

from customers result in the goods being returned to inventory. (Assume that

Problem 6-8A (Part Level Submission) Pember Inc. is a retailer operating in Edmonton, Alberta. Pember 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 Pember Inc. for the month of January 2014. Date Dec. 31 Jan. 2 Jan. 6 Jan. 9 Jan. 10 Jan. 23 Jan. 30 Description Ending inventory Purchasee Sale Purchase Sale Purchase Sale Quantity Unit Cost or Selling Price $26 29 52 31 59 208 130 234 98 65 130 169 62

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