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Sheridan Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction 1/1 Beginning inventory 2/4 Purchase 2/20

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Sheridan Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction 1/1 Beginning inventory 2/4 Purchase 2/20 Sale 4/2 Purchase 11/4 Sale Quantity Price/Cost 1,700 $15 2,700 22 3,200 37 3,700 28 2,900 40 Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit 23.2716 Compute cost of goods sold, assuming Sheridan uses: (Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to o decimal plac 6,548.) Cost of goods sold (a) Periodic system, FIFO cost now (b) Perpetual system, FIFO cost flow S (c) Periodic system, LIFO cost flow S (d) Perpetual system, LIFO cost flow $ (e) Periodic system, weighted average cost flow $ (1) Perpetual system, moving average cost flow $

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