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Bieber Inc. is a retailer operating in Calgary, Alberta. Bieber Inc. uses the perpetual inventory method. Assume that there are no credit transactions; all amounts

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Bieber Inc. is a retailer operating in Calgary, Alberta. Bieber Inc. 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 Bieber Inc. for the month of January 2022. Date Quantity 160 100 Dec. 31 Jan. 2 Jan. 6 Jan. 9 Description Ending inventory Purchase Sale Purchase Sale Purchase Sale Unit Cost or Selling Price $20 22 40 180 75 24 50 45 Jan. 10 Jan. 23 Jan. 30 25 100 130 48 Determine the ending inventory under a perpetual inventory system using (1) FIFO (2) moving-average, and (3) LIFO. (For calculation and answers purpose round unit costs to 3 decimal places, e.g. 15.125 and ending inventory values to O decimal placus, eg. 515.) (21) Calculate average cost for each unit. (Round answers to 3 decimal places, eg. 5.125.) Jan. 1 $ $ Jan.2 $ Jan. 6 $ Jan. 9 $ Jan. 10 $ Jan. 23 $ Jan. 30 $

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