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Windsor Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost 1/1 Beginning inventory 1,800
Windsor Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye.
Date | Transaction | Quantity | Price/Cost | |||
1/1 | Beginning inventory | 1,800 | $15 | |||
2/4 | Purchase | 2,800 | 22 | |||
2/20 | Sale | 3,300 | 37 | |||
4/2 | Purchase | 3,800 | 29 | |||
11/4 | Sale | 3,000 | 41 |
Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.)
Average-cost per unit | :________ |
Compute Cost of Goods Sold:
cost of goods sold | |
Periodic system, FIFO cost flow | $ |
Perpetual system, FIFO Cost flow | $ |
Periodic system, LIFO cost flow | $ |
Perpetual system, LIFO cost flow | $ |
Periodic system, Weighted Average cost flow | $ |
Perpetual system, Weighted Average cost flow | $ |
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