Cost Basis approach of Accounting in Valuation of Inventories.

Beaver Company has the following transactions during the month of January: 3. Cost per unit Date Jan. 1 Jan. 5 Jan 10 Jan 17 Jan 20 Jan 25 Jan 28 Transactions Balance Purchase Sale Purchase Purchase Sale Sale Units 200 50 40 60 40 50 45 $ 22 24 25 The cost of the inventory at January 1 was $19 per unit under the Average cost method and $13 per unit and LIFO cost flow assumptions. Requirement: Compute inventory dollar amounts at the end of January and the Cost of Goods Sold for January for the following methods: Moving average (round unit costs to 4 decimal places) LIFO perpetual A. B