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Problem 8-6 Windsor Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye Date Transaction Quantity Price/Cost 1/1
Problem 8-6 Windsor Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye Date Transaction Quantity Price/Cost 1/1 Beginning inventory 2,900 2/4 Purchase 2/20 Sale 4/2 Purchase 11/4 Sale $18 3,900 4,400 4,900 4,100 26 48 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 Windsor uses: (Round average cost per unit to 4 decimal places, e.g. 2.7631 0 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
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