Compute cost of goods sold, assuming Kingbird uses:

1.Perpetual system, FIFO cost flow

2.Perpetual system, LIFO cost flow

3.

Perpetual system, moving-average cost flow

Kingbird Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye.

Date		Transaction		Quantity		Price/Cost
1/1		Beginning inventory		3,500		$19
2/4		Purchase		4,500		28
2/20		Sale		5,000		47
4/2		Purchase		5,500		36
11/4		Sale		4,700		52