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  3. (a2) for each of the following cost flow assumpt

(a2) For each of the following cost flow assumptions, calculate (i)...

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Accounting

(a2)
For each of the following cost flow assumptions, calculate (i) cost of goods sold, (ii) ending inventory, and (iii) gross profit. (Round per unit cost to 3 decimal places, e.g.15.647 and final answers to 0 decimal places, e.g.5,125.)
(1) LIFO.
(2) FIFO.
(3) Moving-average.
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Question 7 of 7
Tamarisk, Inc. is a retailer operating in Calgary, Alberta. Tamarisk, Inc. 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 Tamarisk, Inc. for the month of January 2022.
\table[[Date,Description,Quantity,Unit Cos,Price],[Dec.31,Ending inventory,174,,$20I
Find the LIFO FIFO and moving average for cost of goods sold, moving average.
Tamarisk, Inc. is a retailer operating in Calgary, Alberta. Tamarisk, Inc. uses the perpetual inventory method. Assume that credit transactions; all amounts are settled in cash. You are provided with the following information for Tamarisk, Inc. for January 2022.
\table[[Date,Description,Quantity,Unit Cost or Selling Price],[Dec.31,Ending inventory,174,$20

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