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Nash 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 1,200
Nash 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 1,200 $13 2/4 Purchase 2,200 20 2/20 Sale 2,700 34 4/2 Purchase 3,200 26 11/4 Sale 2,400 37 Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit $ Compute cost of goods sold, assuming Nash 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) 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 $ Question Part Score --/12
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