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Business, 25.03.2020 02:03 jesser9

Roblem 8-06 Sunland 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 2,300 $16 2/4 Purchase 3,300 24 2/20 Sale 3,800 40 4/2 Purchase 4,300 31 11/4 Sale 3,500 44 Calculate average-cost per unit. (Round answer to 4 decimal places, e. g. 2.7613.) Average-cost per unit $ 25.18 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 $ (d) Perpetual system, LIFO cost flow $ (e) Periodic system, weighted-average cost flow $

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