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P8.6 (LO 3) Groupwork (Compute FIFO, LIFO, Average-Cost-Periodic and Perpetual) Ehlo Company is a multiproduct firm. Presented below is infor- mation concerning one of its products, the Hawkeye. Date Transac- Quantity Price/Cos tion t 1/1 Beginning 1,000 $12 inventory 2/4 Purchase 2,000 18 2/20 Sale 2,500 30 4/2 Purchase 3,000 23 11/4 Sale 2,200 33 Instructions Compute cost of goods sold, assuming Ehlo uses: 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. Page 8-47. Problem 8.6 with this additional piece of information: There are 1250 units left in ending inventory. You can add an extra line to the perpetual charts and show the shrinkgage. (Points will be deducted for ignoring this information--not for making errors using it, but for ignoring it). Start each part (a-1) on a new page and LABEL the top of the page(a) Periodic/FIFO etc