Concord Inc. is a retailer operating in British Columbia, Concord uses the perpetual inventory system. 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 Concord Inc. for the month of January 2022 January 1 January 5 January 8 January 10 January 15 January 16 January 20 January 25 (a1) Date (a2) Ending inventory Beginning inventory Purchase Gross profit Description Sale Sale return Save for Later Purchase Purchase return Sale Your answer is partially correct. Cost of goods sold Purchase $ $ eTextbook and Media Quantity LIFO 100 142 111 10 55 5 91 19 For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit (1) LIFO. (2) FIFO. (3) Moving-average cost. (Round average-cost per unit to 3 decimal places, eg 12.502 and final answer to 0 decimal places, eg. 1,250.) 3364 1799 Unit Cost or Selling Price 2568 $ 5 $14 17 $ 29 29 19 19 33 21 FIFO 2964 2199 2968 $ $ $ Moving-average Attempts: 3 of 5 used Submit Answer

januar 2022 . (a1) (a2) Your anover is partially corract: For each of the following cost flow assumptions, calculate cost of goods sold, ending imsntory, and gross proft. (1) UFO, (2) FIFO. Concord inc is a retalikr operating in British Columbia Concord use the perpetual imentory system. All sales returns from transactions, all amounts are settled incash You are provided with the following information for Concord Inc for the month of Jartiany 2022 (a2) Q Your answer is partially correct. For each of the following cost flowassumptions, calculate cost of goods sold, ending inventory, and gross profit (1) LIFO. (2) FIFO (3) Moving-average cost. (Round overage-cost per unit to 3 decimal places, es1.502 and final answer to 0 decimal places, es, 1.250 )