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Sunland Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. $16 24 Date Transaction 1/1 Beginning inventory 2/4
Sunland Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. $16 24 Date Transaction 1/1 Beginning inventory 2/4 Purchase 2/20 Sale 4/2 Purchase 11/4 Sale Quantity Price/Cost 2,300 3,300 3,800 4,300 3,500 40 Your answer is correct. Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit $ 25.1818 e Textbook and Media (6) Compute cost of goods sold, assuming Sunland uses: (Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to 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 th t (d) Perpetual system, LIFO cost flow (e) Periodic system, weighted average cost flow $ (f) Perpetual system, moving-average cost flow $ e Textbook and Media
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