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Question 1 of 3 29/58 Wildhorse Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction
Question 1 of 3 29/58 Wildhorse Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost 1/1 Beginning inventory 2,800 $17 2/4 Purchase 3,800 261 2/20 Sale 4,300 43 4/2 Purchase 4,800 33 11/4 Sale 4,000 48 (a) Your answer is correct. Calculate the weighted-average cost per unit. (Round answer to 4 decimal places, eg. 2.7613.) Weighted-average cost per unit 26.7368 Question 1 of 3 (b) 29/58 Compute cost of goods sold, assuming Wildhorse uses: (Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to O decimal places, eg. 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, average-cost flow $ (f) Perpetual system, moving-average cost flow $
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