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Splish Brothers Inc. is a retailer operating in Calgary, Alberta. Splish Brothers uses the perpetual...

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Accounting

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Splish Brothers Inc. is a retailer operating in Calgary, Alberta. Splish Brothers 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 Splish Brothers for the month of January 2022. Unit Cost or Selling Price Quantity 170 102 Date Dec. 31 Jan. 2 Jan. 6 Jan. 9 Jan. 10 Jan. 23 Jan. 30 Description Ending inventory Purchase Sale Purchase Sale Purchase Sale (al) Your answer is correct. Calculate average cost for each unit. (Round answers to 3 decimal places, e.g. 5.125.) 19 . . 19.750 19.750 22.125 22.125 . . 24.000 Jan 30 24.000 (a2) * Your answer is incorrect. Try again. For each of the following cost flow assumptions, calculate ) cost of goods sold, mi) ending inventory, and (IT) gross profit. (Round answers to 0 decimal places, e.g. 125.) (1) LIFO. (2) FIFO. (3) Moving-average. LIFO - FIFO Moving-average 8293 Cost of goods sold 9784 Ending inventory 1235|| 1690 1690 Gross profit 9965 9965 9945 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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