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Concord Corporation is a multi-product form. The following information concerns one of its products, the Trinton: Price/ Cost $11 Date Jan. Feb. Feb. 1 4
Concord Corporation is a multi-product form. The following information concerns one of its products, the Trinton: Price/ Cost $11 Date Jan. Feb. Feb. 1 4 19 Transaction Beginning inventory Purchase Sale Purchase Sale Quantity 1,600 2,480 2,850 3,440 3,000 20 28 22 Apr. Nov. 2 4 34 Calculate cost of goods sold, assuming Concord uses a periodic inventory system and FIFO cost formula. $ $ Cost of goods sold 103660 Calculate cost of goods sold, assuming Concord uses a periodic inventory system and weighted average cost formula. (Round weighted average cost per unit to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.) $ Cost of goods sold e Textbook and Media Calculate cost of goods sold, assuming Concord uses a perpetual inventory system and moving average cost formula. (Round weighted average cost per unit to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.) $ $ Cost of goods sold
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