Concord 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 1.500 $14 2/4 Purchase 2.500 21 2/20 Sale 3.000 35 4/2 Purchase 3500 27 11/4 Sale 2,700 39 (a) Your Answer Correct Answer Your answer is correct Calculate the weighted average cost per unit (Round answer to 4 decimal places, 2.7613) Weighted average cost per unit $ 22.4000 eTextbook and Media Solution Attempts: 3 of 3 used (b) Compute cost of goods sold, assuming Concord uses: Round average cost per unit to 4 decimal places, eg. 2.7631 and final answers to O decimal places, es 6,548) (a) Periodic system, FIFO cost flow (b) Perpetual system, FIFO cost flow (c) Periodic system, LIFO cost flow (4) Perpetual system, LIFO cost flow fel Periodic system average-cost flow I Perpetual system, moving average cost flow Cost of goods sold