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-/3 III View Policies Current Attempt in Progress Sheffield Inc. is a retailer operating in British Columbia. Sheffield uses the perpetual inventory system. All sales

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-/3 III View Policies Current Attempt in Progress Sheffield Inc. is a retailer operating in British Columbia. Sheffield uses the perpetual inventory system. All sales returns from customers result in the goods being returned to inventory: 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 Sheffield Inc. for the month of January 2022. Date Description Quantity Unit Cost or Selling Price January 1 Beginning inventory 100 $19 January 5 Purchase 140 22 January 8 Sale 113 30 January 10 Sale return 10 30 January 15 Purchase 55 24 January 16 Purchase return 5 24 January 20 Sale 87 36 January 25 Purchase 24 26 (a1) (11) Calculate the Moving-average cost per unit at January 1,5,8, 10, 15, 16, 20, & 25. (Round intermediate calculations to 0 decimal places and final answers to 3 decimal places, e.g. 5.251.) Moving-Average Cost per unit January 1 $ January 5 $ January 8 January 10 $ January 15 $ January 16 $ January 20 $ January 25$ e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later

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