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Bramble Inc. is a retailer operating in British Columbia. Bramble uses the perpetual inventory method. All sales returns from customers result in the goods being

Bramble Inc. is a retailer operating in British Columbia. Bramble 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 Bramble Inc. for the month of January 2020.

Date

Description

Quantity

Unit Cost or Selling Price

January 1 Beginning inventory 100 $21
January 5 Purchase 148 24
January 8 Sale 115 36
January 10 Sale return 10 36
January 15 Purchase 55 26
January 16 Purchase return 5 26
January 20 Sale 93 41
January 25 Purchase 26 28

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. 5.251.)

Moving-Average Cost per unit

January 1 $

January 5 $

January 8 $

January 10 $

January 15 $

January 16 $

January 20 $

January 25 $

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