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US Klaso, Intermediate Accounting, 16e Practice Assignment Gradebook ORION Downloadable eTextbook signment CES Date Transaction 1/1 Beginning inventory 2/4 Purchase 2/20 Sale 4/2 Purchase 11/4

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US Klaso, Intermediate Accounting, 16e Practice Assignment Gradebook ORION Downloadable eTextbook signment CES Date Transaction 1/1 Beginning inventory 2/4 Purchase 2/20 Sale 4/2 Purchase 11/4 Sale Quantity Price/Cost 3,200 4,200 4,700 5,200 4,400 dy Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit 28.0158 Compute cost of goods sold, assuming Pharoah uses: (Round average cost per unit to 4 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, weighted average cost flow (1) Perpetual system, moving average cost flow

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