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

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Mercer Inc. is a retailer operating in British Columbia. Mercer uses the perpetual inventory method. All sales returns from customers result in the goods being returned to inventory; the inventory is not damaged. Assurne that therw are no credit transactions; all amounts are settled in cash. You are provided with the following information for Mercer Inc. for the month of January 2015. Janary1 Beginning Januery 5 Purchase January 8 Sale anuary 10 Sale retum anuary 15 Purchase January 16 Purchase return Januery 20 Sale Jenuary 25 Purchase 140 $17 32 32 126 28 35 25 (a1) Your answer is partially correct. Try again. Calculate the Moving-average cost per unit at January 1, 58, 15, 20, & 25. (Round answers to 3 decimal places, eg. $5,251.) anuary 1 anuary 8 anuery 10 anuery 15 anuary 16 anuery 20 anuary 25

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