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thank you! Tamarisk Inc. is a retailer operating in British Columbia. Tamarisk uses the perpetual inventory method. All sales returns from customers result in the

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Tamarisk Inc. is a retailer operating in British Columbia. Tamarisk 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 Tamarisk Inc. for the month of January 2020. Unit Cost or Date Description Quantity Selling Price January 1 Beginning inventory 110 $18 January 5 Purchase 154 21 January 8 Sale 121 31 January 10 Sale return 11 31 January 15 Purchase 61 23 January 16 Purchase return 6 23 January 20 Sale 99 35 January 25 Purchase 22 25 X Your answer is incorrect. 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. 5.252.) Moving-Average Cost per unit January 1 $ 1980 January 5 January 8 January 10 $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 answers to O decimal places, e.g. 1,250.) LIFO FIFO Moving-average Cost of goods sold $ Ending inventory $ Gross profit $

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