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Question 1 Marin Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost 1/1

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Question 1 Marin 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 1,800 2/4 Purchase 2,800 2/20 Sale 3,300 4/2 Purchase 3,800 11/4 Sale 3,000 (a) ZYour answer has been saved and sent for grading. See Gradebook for score details Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit 22.37 Click If you would like to Show Work for this question: Open Show Attempts: 1 of 1 used Compute cost of goods sold, assuming Marin 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 (b) Perpetual system, FIFO cost flow (c) Periodic system, LIFO cost flow

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