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Bonita Ltd. is a multiproduct firm. Presented below is information concerning one of its products, the Jayhawk. Date Transaction Quantity Price/Cost 1/1 Beginning inventory 960
Bonita Ltd. is a multiproduct firm. Presented below is information concerning one of its products, the Jayhawk. Date Transaction Quantity Price/Cost 1/1 Beginning inventory 960 NT$14 2/4 Purchase 1.920 20 2/20 Sale 2,400 32 4/2 Purchase 2.880 25 11/4 Sale 2,080 35 (a) Your Answer Correct Answer (Used) Calculate the average-cost per unit in a periodic inventory system. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit NT$ 21.50 Compute cost of goods sold, assuming Bonita uses: (Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to 0 decimal places, e.g. 6,548.) Cost of goods sold (a) Periodic system, FIFO cost flow NT$ (b) Perpetual system, FIFO cost flow NT$ (c) Periodic system, LIFO cost flow NT$ (d) Perpetual system, LIFO cost flow NT$ ( (e) Periodic system, weighted average cost flow NT$ (f) Perpetual system, moving average cost flow NT$
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