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Please complete both part A and B. Thank you very much. Problem 8-06 (Part Level Submission) Sheridan Company is a multiproduct firm. Presented below is

Please complete both part A and B. Thank you very much. image text in transcribed
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Problem 8-06 (Part Level Submission) Sheridan 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 1,700 $15 2/4 Purchase 2,700 22 2/20 Sale 3,200 37 4/2 Purchase 3,700 28 11/4 Sale 2.900 40 Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit LINK TO TEXT Compute cost of goods sold, assuming Shendon uses: (Round average cost per unit to 4 decimal places, p.2.76 Cost of goods sold 5 (a) Periodic system, FIFO cost how (b) Perpetual system, FIFO cost how (c) Periodic system, LIFO Cost How (d) Perpetual system, LIFO cost flow (0) Periodic system, weighted average cost flow

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