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CALCULATOR PRINTER VERSION BACK Problem 6-08A al-a2 (Part Level Submission) Sheffield Inc. is a retailer operating in British Columbia. Sheffield uses the perpetual inventory method.
CALCULATOR PRINTER VERSION BACK Problem 6-08A al-a2 (Part Level Submission) Sheffield Inc. is a retailer operating in British Columbia. Sheffield 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 Sheffield Inc. for the month of January 2020. Date Quantity Unit Cost or Selling Price $19 1 100 Description Beginning inventory Purchase Sale 5 140 22 8 113 30 10 10 30 January January January January January January January January Sale return Purchase 15 55 24 16 5 24 20 Purchase return Sale Purchase 87 36 25 24 26 (al) 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.) 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 o } January 10 $ January 15 $ January 16 $ January 20 $ January 25 $ Open Show Work Click if you would like to Show Work for this
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