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Question 6 of 7 Date (a1) < Lily Inc. is a retailer operating in British Columbia. Lily uses the perpetual inventory system. All sales returns

Question 6 of 7 Date (a1) < 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. Sale January 1 Beginning inventory January 5 Purchase January 8 January 10 January 15 January 16 Purchase return January 20 January 25 Description Sale return Sale > Purchase Purchase Your answer is incorrect. Quantity Unit Cost or Selling Price 100 135 110 10 55 5 85 17 $12 15 23 23 17 17 28 0/10 19 8 Calculate the Moving-average cost per unit at January 1, 5, 8, 10, 15, 16, 20, & 25. (Round moving-average cost per unit answers to 3

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