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What is the moving average cost per unit

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Question 1: Waterway Inc. is a retailer operating in British Columbia. Waterway 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 Waterway Inc. for the month of January 2020. What is the moving average cost per unit?

Reference no: EM132901255

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