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im lost Current Attempt in Progress Sunland Company is a retailer operating in Calgary, Alberta. Sunland Company uses the perpetual inventory method. Assume that there
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Current Attempt in Progress Sunland Company is a retailer operating in Calgary, Alberta. Sunland Company uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Sunland Company for the month of January 2022. (a1) Calculate average cost for each unit. (Round answers to 3 decimal places, e.g. 5.125.) Jan. 1$ Jan. 2$ Jan. 6$ Jan. 9$ Jan. 10$ Jan.23$ Jan. 30$ eTextbook and Media Attempts: 0 of 4 used (a2) Your answer is partially correct. For each of the following cost flow assumptions, calculate (i) cost of goods sold, (ii) ending inventory, and (iii) gross profit. (Round per unit cost to 3 decimal places, eg. 15.647 and final answers to 0 decimal places, e.g. 5,125.) (1) LIFO. (2) FIFO. (3) Moving-averageStep by Step Solution
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