3.36/6 Question 15 iew Policies how Attempt History urrent Attempt in Progress Wildhorse Inc. is a retailer operating in British Columbia. Wildhorse uses the perpetual inventory method. 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 Wildhorse Inc. for the month of January 2020. Quantity Unit Cost or Selling Price $15 Date January January January January January January January January Description 1 Beginning inventory 5 Purchase 8 Sale 10 Sale return 15 Purchase 16 Purchase return 20 Sale 25 Purchase Your answer is correct. Calculate the Moving-average cost per unit at January 1, 5, 8, 10, 15, 16, 20, & 25. (Round answers to 3 decimal places, e.g. 5.252.) Moving-Average Cost per unit $ January 1 15 January 5 $ 16.750 January 8 $ 16.750 January 10 $ 16.750 January 15 $ 17.666 January 16 $ 17.605 January 20 $ 17.605 January 25 $ 18.338 e Textbook and Media Assistance Used - Your answer is partially correct. For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO.(2) FIFO. (3) Moving- average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.502 and final answers to 0 decimal places, e.g. 1,250.) LIFO FIFO Moving-average 3744 $ Cost of goods sold $ Ending inventory $ Gross profit $ 2592 $ e Textbook and Media Assistance Used