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QUESTION
Bieber Inc. is a retailer operating in Calgary, Alberta. Bieber Inc. uses the perpetual inventory method. Assume that there are no credit...
Bieber Inc. is a retailer operating in Calgary, Alberta. Bieber 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 Bieber Inc. for the month of January 2017.
trying to calculate the average cost for the "purchases" Jan. 1st Jan. 6th Jan 10th Jan 30th
does anyone know how to do so?
Thank you!
