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only need the answer for a2 Problem 6-08A al-a2 (Part Level Submission) Concord Inc. is a retailer operating in British Columbia. Concord uses the perpetual

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Problem 6-08A al-a2 (Part Level Submission) Concord Inc. is a retailer operating in British Columbia. Concord uses the perpetual inventory method. 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 Concord Inc. for the month of January 2020. Date Description January 1 Beginning inventory January 5 Purchase January 8 Sale January 10 Sale return January 15 Purchase January 16 Purchase return January 20 Sale January 25 Purchase Unit Cost or Selling Quantity Price 100 $14 141 17 112 28 10 28 55 19 5 19 89 33 19 21 (al) Your answer is partially correct. Try again. Calculate the Moving-average cost per unit at January 1, 5, 8, 10, 15, 16, 20, & 25. (Round answers to 3 decimal places, e.g. 5.251.) Moving-Average Cost per unit January 1 14 January 5 15.755 January 8 15.755 January 10 15.755 January 15 16.675 January 16 16.614 January 20 16.614 January 25 17.315 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 5 of 5 used SHOW OW ANSWER LINK TO TEXT Attempts: 5 of 5 used (a2) For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIFO. (3) Moving average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.502 and final answer to o decimal places, e.g. 1,250.) LIFO FIFO Moving-average Cost of goods sold $ $ Ending inventory $ Gross profit $ Click if you would like to Show Work for this question: Open Show Work $ $ LINK TO TEXT Attempts: 0 of 5 used

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