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1 of 1 View Policies Show Attempt History Current Attempt in Progress Coronado Company is a multiproduct firm. Presented below is information concerning one of
1 of 1 View Policies Show Attempt History Current Attempt in Progress Coronado Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost 1/1 Beginning inventory 2,200 $16 2/4 Purchase 3,200 24 2/20 Sale 3,700 40 4/2 Purchase 4,200 30 11/4 Sale 3,400 44 (a) 9/18 E a) Your answer is correct. Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit $ (9) eTextbook and Media 24.7917 As Atte 97 Compute cost of goods sold, assuming Coronado uses: (Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to O decimal places, e.g. 6,548.) (a) Periodic system, FIFO cost flow LA (b) Perpetual system, FIFO cost flow (c) Periodic system, LIFO cost flow A HA (d) Perpetual system, LIFO cost flow $ (e) Periodic system, weighted-average cost flow $ (f) Perpetual system, moving-average cost flow $ Cost of goods sold
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