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Larkspur 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

Larkspur 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 1,400 $14
2/4 PURCHASE 2,400 $21
2/20 SALE 2,900 $35
4/2 PURCHASE 3,400 $27
11/4 SALE 2,600 $38

Compute cost of goods sold, assuming Larkspur 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.) Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.)

Average-cost per unit $

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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