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Date Dec 31 Jan 2 Jan 6 Jan. 9 Jan. 10 Jan. 23 Jan. 30 Description Ending inventory Purchase Sale Purchase Sale Purchase Sale Quantity

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Date Dec 31 Jan 2 Jan 6 Jan. 9 Jan. 10 Jan. 23 Jan. 30 Description Ending inventory Purchase Sale Purchase Sale Purchase Sale Quantity 160 96 180 76 56 114 140 Unit Cost or Selline Price $20 22 39 24 45 25 48 Your answer is partially correct. Calculate average cost for each unit. (Round answers to 3 decimal places, es. 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 List of Accounts Your answer is incorrect For each of the following cost flow assumptions, calculate cost of goods sold. (1) ending inventory, and (1) gross profit. (Round answers to decimal places, eg. 125) (1) (2) (3) LIFO. FIFO Moving average LIFO FIFO Moving average Cost of goods sold $ $ $ Ending Inventory $ $ Gross profit $ $

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