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Current Attempt in Progress Oriole Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost
Current Attempt in Progress Oriole Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost 1/1 Beginning inventory 3,000 $18 2/4 Purchase 4,000 27 2/20 Sale 4,500 44 4/2 Purchase 5,000 34 11/4 Sale 4,200 49 (a) Your answer is correct. Calculate average-cost per unit. (Round answer to 4 decimal places, eg. 2.7613.) Average-cost per unit $ 27.6667 Show Attempt H eTextbook and Media Attempts: 2 of 3 used (b) Compute cost of goods sold, assuming Oriole uses: (Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to O decimal places, e.g. 6,548.) Cost of goods sold (a) $ (b) $ $ $ $ Periodic system, FIFO cost flow Perpetual system, FIFO cost flow Periodic system, LIFO cost flow Perpetual system, LIFO cost flow Periodic system, weighted-average cost flow (c) $ (d) $ (e) $ $ $ Perpetual system, moving average cost flow $
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