Solution-Calculate the moving-average cost per unit at

Calculate the moving-average cost per unit at january

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Reference no: EM131812016

Dempsey Inc. is a retailer operating in British Columbia. Dempsey 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 Dempsey Inc. for the month of January 2017.

Date		Description	Quantity	Unit Cost or Selling Price
January	1	Beginning inventory	100	$12
January	5	Purchase	137	15
January	8	Sale	112	23
January	10	Sale return	10	23
January	15	Purchase	55	17
January	16	Purchase return	5	17
January	20	Sale	85	27
January	25	Purchase	17	19

Calculate the Moving-average cost per unit at January 1, 5, 8, 10, 15, 16, 20, & 25

Reference no: EM131812016

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Calculate the moving-average cost per unit at january

Reference no: EM131812016

Reference no: EM131812016

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