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Crane Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost $13 1/1 Beginning inventory
Crane Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost $13 1/1 Beginning inventory 1,100 2,100 2/4 Purchase 20 2/20 Sale 2,600 33 4/2 Purchase 3,100 25 11/4 Sale 2,300 36 Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) $ Average-cost per unit eTextbook and Media 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 (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
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