Bieber Inc. is a retailer operating in Calgary, Alberta. Bieber 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 for the month of January 2022.

Date		Description		Quantity		Unit Cost or Selling Price
Dec. 31		Ending inventory		160		$20
Jan. 2		Purchase		100		22
Jan. 6		Sale		180		40
Jan. 9		Purchase		75		24
Jan. 10		Sale		50		45
Jan. 23		Purchase		100		25
Jan. 30		Sale		130		48

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

Jan. 1		$enter a dollar amount
Jan. 2		$enter a dollar amount
Jan. 6		$enter a dollar amount
Jan. 9		$enter a dollar amount
Jan. 10		$enter a dollar amount
Jan. 23		$enter a dollar amount
Jan. 30		$enter a dollar amount

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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.

		LIFO		FIFO		Moving-average
Cost of goods sold		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Ending inventory		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Gross profit		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount