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Wildhorse 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
Wildhorse 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 2,800 3,800 4,300 4,800 4,000 Calculate average-cost per unit. (Round answer to 4 decimal places, eg. 2.7613.) Average-cost per unit $ e Textbook and Media Compute cost of goods sold, assuming Wildhorse 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 | 0 (a) Periodic system, FIFO cost flow (b) Perpetual system, FIFO cost flow (c) Periodic system, LIFO cost flow 0 (d) Perpetual system, LIFO cost flow (e) Periodic system, weighted average cost flow $ (f) Perpetual system, moving average cost flow $
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