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

Problem 8-6 (Part Level Submission) Crane 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 3,100 $18 2/4 Purchase 4,100 27 2/20 Sale 45 4/2 Purchase 5,100 35 11/4 Sale 4,300 50 4,600 (a) Your answer is correct. Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit 28.0488 SHOW SOLUTION SHOW ANSWER LINK TO TEXT (b) Compute cost of goods sold, assuming Crane 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 5 (b) Perpetual system, FIFO cost flow $ (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 $ LINK TO TEXT