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Lily Inc. is a retailer operating in British Columbia. Lily uses the perpetual inventory system. All sales returns from customers result in the goods being

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Lily Inc. is a retailer operating in British Columbia. Lily 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 Lily Inc. for the month of January 2022. Unit Cost or Selling Price Date Description Quantity January 1 Beginning inventory 100 $12 January 5 Purchase 135 15 January 8 Sale 110 23 January 10 Sale return 10 23 15 January Purchase 55 17 16 January 5 Purchase return 17 28 January 20 85 Sale 17 19 January 25 Purchase Calculate the Moving average cost per unit at January 1,5,8, 10, 15, 16, 20, & 25. (Round intermediate calculations to 0 decimal places and final answers to 3 decimal places, e.g. 5.251.) Moving-Average Cost per unit January 1 $ $ 12 January 5 $ 13.723 January 8 13723 January 10 $ 13.723 January 15 $ 9.303 January 16 $ 11.795 January 20 $ 11.795 January 25 $ 15.058

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