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Sheffield 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

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Sheffield 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 2.700 $17 2/4 Purchase 3,700 26 2/20 Sale 4,200 43 4/2 Purchase 4,700 33 11/4 Sale 3,900 47 (a) Your answer is correct. Calculate the weighted average cost per unit. (Round answer to 4 decimal places, eg. 27613) Weighted average cost per unit 26.7748 eTextbook and Media Attempts: 2 of 3 used (b) Compute cost of goods sold, assuming Sheffield uses: (Round average cost per unit to 4 decimal places, eg. 2.7631 and final answers to O decimal places, eg. 6,548.) (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 $ Cost of goods sold

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