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Coronado Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. $16 Date Transaction 1/1 Beginning inventory 2/4 Purchase
Coronado Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. $16 Date Transaction 1/1 Beginning inventory 2/4 Purchase 2/20 Sale 4/2 Purchase 11/4 Sale Quantity Price/Cost 2,200 3,200 3,700 4,200 3,400 Your answer is correct. Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit $ 24.7917 e Textbook and Media - 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 10 163000 (b) Perpetual system, FIFO cost flow " 163000 (c) Periodic system, LIFO cost flow 0 195600 (d) Perpetual system, LIFO cost flow 0 186800 176021 (e) Periodic system, weighted-average cost flow (f) Perpetual system, moving average cost flow $ $ 176021
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