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Problem 8-6 (Part Level Submission) Headland Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye. one of
Problem 8-6 (Part Level Submission) Headland Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye. one of its products, the Hawkeye 2/4 Purchase 2/20 Sale 4/2 Purchase 11/4 Sale Date Transaction Quantity Price/Cost $14 21 35 27 39 1/1 Beginning inventory 1,500 2,500 3,000 3,500 2,700 Your answer is correct Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit 22.4 Compute cost or goods sold, assuming Headland uses: Round average cost per unit todecirna, places, e 9-2.7531 and ma answers to D decima laes,- , Cost of goods sold (a) Periodic system, FIFO cost flow (e) Periodic system, LIFO cost ow (d) Perpetual system, LIFO cost flow (e) Periodic system, weighted-average cost flow (f) Perpetual system, moving-average cost ow
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