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Blossom Company is a retailer operating in Calgary, Alberta. Blossom uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are
Blossom Company is a retailer operating in Calgary, Alberta. Blossom 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 Blossom for the month of January 2022. Date Description Quantity Unit Cost or Selling Price Dec. 31 Ending inventory 160 $ 20 Jan. 2 Purchase 96 22 Jan. 6 Sale 180 39 Jan. 9 Purchase 76 24 Jan. 10 Sale 56 45 Jan. 23 Purchase 114 25 Jan. 30 Sale 140 48 Your answer is partially correct. Calculate average cost for each unit. (Round answers to 3 decimal places, eg. 5.125.) Jan. 1 $ 20 Jan. 2 $ 20.75 Jan. 6 $ 20.75 Jan. 9 $ Jan. 10 $ Jan. 23 $ Jan. 30 $ e Textbook and Media Assistance Used List of Accounts Assistance Used
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