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Bramble 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 2,400
Bramble 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 | 2,400 | $16 | |||
2/4 | Purchase | 3,400 | 24 | |||
2/20 | Sale | 3,900 | 41 | |||
4/2 | Purchase | 4,400 | 31 | |||
11/4 | Sale | 3,600 | 45 |
Compute cost of goods sold, assuming Bramble 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.)
Bramble Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date 1/1 Transaction Beginning inventory Purchase Quantity 2.400 3,400 3,900 4,400 3,600 Price/Cost $16 24 41 2/4 2/20 Sale 4/2 Purchase Sale 31 45 11/4 Your answer is correct. Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit $ 25.1373 Compute cost of goods sold, assuming Bramble 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.) Cost of goods sold (a) Periodic system, FIFO cost flow $ S (b) Perpetual system, FIFO cost flow $ (c) Periodic system, LIFO cost flow $ (d) Perpetual system, LIFO cost flow $ (e) Periodic system, weighted average cost flow $ (f) Perpetual system, moving-average cost flow $
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