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Problem 8-06 Tamarisk Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction 1/1 Beginning inventory 2/4
Problem 8-06 Tamarisk Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction 1/1 Beginning inventory 2/4 Purchase 2/20 Sale 4/2 Purchase 11/4 Sale Quantity Price/Cost 2,600 3,600 4,100 4,600 3,800 Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per units LINK TO TEXT Compute cost of goods sold, assuming Tamarisk 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 Ito a to (b) Perpetual system, FIFO cost flow (c) Periodic system, LIFO cost flow (d) Perpetual system, LIFO cost flow (e) Periodic system, weighted average cost flows (f) Perpetual system, moving average cost flow o t o Click if you would like to Show Work for this question: Open Show Work
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