Reference no: EM132420552

Swifty Inc. is a retailer operating in British Columbia. Swifty 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 Swifty Inc. for the month of January 2020

Date Description Quantity Unit Cost or Selling Price

January 1 Beginning inventory 100 $13

January 5 Purchase 149 16

January 8 Sale 114 25

January 10 Sale Return 10 25

January 15 Purchase 55 18

January 16 Purchase Return 5 18

January 20 Sale 95 29

January 25 Purchase 18 20

Calculate the Moving-average Cost per Unit at:

Moving-Average Cost per Unit

January 1 $_______

January 5 $_______

January 8 $_______

January 10 $_______

January 15 $_______

January 16 $________

January 20 $________

January 25 $________