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Prev Wed Mar 11, 2020, 125301 AM (America New York 0400 0.21/3 Question 3 View Policies Show Attempt History Current Attempt in Progress Vaughn Manufacturing

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Prev Wed Mar 11, 2020, 125301 AM (America New York 0400 0.21/3 Question 3 View Policies Show Attempt History Current Attempt in Progress Vaughn Manufacturing is a retailer operating in Calgary, Alberta Vaughnuses 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 Vaughn for the month of January 2022 Date Description Quantity Unit Cost or Selling Price Dec.31 Ending inventory Jan.2 Purchase Jan Sale Purchase Jan. Jan. 10 Jan. 23 Sale Purchase Sale Jan. 30 You correct Calculate average cost for each unit. Round answers to decimal places. 5125) - Your answer is partially correct. Calculate average cost for each unit. (Round answers to 3 decimal places, s. 5.125.) Jan. 1 $ Jan. 2 $ Jan. 6 $ Jan. 9 $ Jan. 10 $ Jan. 23 $ Jan. 30 $ e Textbook and Media e Textbook List of Accounts x Your answer is incorrect List of Accounts X Your answer is incorrect For each of the following cost flow assumptions, calculate (1) cost of goods sold, 011) ending inventory, and (11) gross profit. (Round answers to decimal places, s. 1250 (1) LIFO (2) FIFO (3) Moving average LIFO Moving-average Cost of goods sold $ Ending Inventory Gross profit e Textbook and Media Assistan List of Accounts

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