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Coronado Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction 1/1 Beginning inventory Purchase Price/Cost $16
Coronado Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction 1/1 Beginning inventory Purchase Price/Cost $16 24 2/4 Quantity 2,200 3,200 3,700 4,200 3,400 2/20 Sale 40 4/2 Purchase 30 11/4 Sale 44 Your answer is partially correct. Compute cost of goods sold, assuming Coronado 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 $ 163000 (b) Perpetual system, FIFO cost flow 163000 (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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