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Wildhorse Co. is a retailer operating in Calgary, Alberta. Wildhorse uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are

Wildhorse Co. is a retailer operating in Calgary, Alberta. Wildhorse 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 Wildhorse for the month of January 2022.

Date

Description

Quantity

Unit Cost or Selling Price

Dec. 31

Ending inventory

150 $20

Jan. 2

Purchase

100 21

Jan. 6

Sale

180 42

Jan. 9

Purchase

70 25

Jan. 10

Sale

60 42

Jan. 23

Purchase

112 26

Jan. 30

Sale

128 49

Calculate average cost for each unit. (Round answers to 3 decimal places, e.g. 5.125.)

Jan. 1

$enter a dollar amount

Jan. 2

$enter a dollar amount

Jan. 6

$enter a dollar amount

Jan. 9

$enter a dollar amount

Jan. 10

$enter a dollar amount

Jan. 23

$enter a dollar amount

Jan. 30

$enter a dollar amount

List of Accounts

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