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Tamarisk Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Quantity Price/Cost Date Transaction 1/1 Beginning inventory 2,600
Tamarisk Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Quantity Price/Cost Date Transaction 1/1 Beginning inventory 2,600 $17 2/4 Purchase 3,600 2/20 Sale 4,100 CP 4/2 Purchase 4,600 11/4 Sale 3,800 2224 25 32 46 (a) Your Answer Correct Answer Your answer is correct. Calculate the weighted-average cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Weighted average cost per unit $ 26.0556 Compute cost of goods sold, assuming Tamarisk 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 (d) Perpetual system, LIFO cost flow! (e) Periodic system, average-cost flow (f) Perpetual system, moving-average cost flow $
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