# Calculate average cost for each unit (Round answers to 3 decimal places, e.g 5.125) Jan 1 $Jan 2$

###### Question:

Calculate average cost for each unit (Round answers to 3 decimal places, e.g 5.125)

Jan 1 $Jan 2$

Jan 6 $Jan 9$

Jan 10 $Jan 23$

Jan 30 $For each of the following cost flow assumptions, calculate (i) 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. Problem 6-08A a1-a2 Wildhorse Co. is a retailer operating in Calgary, Alberta. Wildhorse 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 Wildhorse for the month of January 2022. Date Description Quantity Unit Cost or Selling Price Dec. 31 Jan. Ending inventory 150 Purchase 100 2 Sale 180 Jan. 6 Jan. 9 Jan. Purchase 70 Sale 60 10 Jan. Purchase 112 23 Jan. 30 Sale 128 Diolin 2010. bilan T. Alibbe named A Dicias . b one Te HA ## Answers #### Similar Solved Questions 1 answer ##### Q3. A 5-cm-high, upright virtual image is produced when an object is placed 12 cm from... Q3. A 5-cm-high, upright virtual image is produced when an object is placed 12 cm from a converging lens (magnifying glass) with a focal length of 11 cm. Calculate the height of the object. (Read Ex13.7 on textbook)... 1 answer ##### 2. Hogwarts has some outstanding accounts receivable balances (mainly from slytherin) totaling$1,000,000. Below is their...
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