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Metlock, Inc. is a retailer operating in Calgary, Alberta. Metlock, Inc. uses the perpetual inventory method. Assume that there are no credit transactions; all amounts
Metlock, Inc. is a retailer operating in Calgary, Alberta. Metlock, Inc. 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 Metlock, Inc. for the month of January
tableDateDescription,Quantity,Unit Cost or Selling PriceDecEnding inventory,$JanPurchase,JanSale,JanPurchase,JanSale,JanPurchase,JanSale,
a
Calculate average cost for each unit. Round answers to decimal places, eg
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