Calculate Perpetual system, moving-average cost flow.
Calculate Perpetual system, moving-average cost flow. Skysong Company is a multiproduct firm. Presented below is inform...
Skysong 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 1,600 $14 2/4 Purchase 2,600 22 2/20 Sale 3,100 36 4/2 Purchase 3,600 28 11/4 Sale 2,800 40 Round answers to the 4th decimal and give explanations please on how to get each one Cost of goods sold (a) Periodic system, FIFO cost flow $ (b) Perpetual system, FIFO cost flow $ (c) Periodic system, LIFO...
P8.6 (LO 3) Groupwork (Compute FIFO, LIFO, Average-Cost-Periodic and Perpetual) Ehlo Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Price/Cost $12 Date 1/1 2/4 2/20 Transaction Beginning inventory Purchase Sale Purchase Sale Quantity 1,000 2,000 2,500 3,000 2,200 4/2 11/4 Instructions Compute cost of goods sold, assuming Ehlo uses: a. Periodic system, FIFO cost flow. b. Perpetual system, FIFO cost flow. c. Periodic system, LIFO cost flow. d. Perpetual system, LIFO cost...
7. (12 points)Ehlo Company is
a multiproduct firm. Presented below is information concerning one
of its products, the
Hawkeye.DateTransactionQuantityPrice/Cost1/1Beginning
inventory2,980$142/4Purchase3,980222/20Sale4,7204/2Purchase4,980287/17Purchase3,1003311/4Sale5,180Compute
cost of goods sold, assuming Ehlo uses: Cost of goods
sold(a)Periodic system, FIFO cost flow$(b)Perpetual system, FIFO
cost flow$(c)Periodic system, LIFO cost flow$(d)Perpetual system,
LIFO cost flow$(e)Periodic system, weighted-average cost
flow$(f)Perpetual system, moving-average cost flow$
7. (12 points) Ehlo Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction 1/1 Beginning inventory...
. 7. (12 points)Ehlo Company
is a multiproduct firm. Presented below is information concerning
one of its products, the
Hawkeye.DateTransactionQuantityPrice/Cost1/1Beginning
inventory2,980$142/4Purchase3,980222/20Sale4,7204/2Purchase4,980287/17Purchase3,1003311/4Sale5,180Compute
cost of goods sold, assuming Ehlo uses: Cost of goods
sold(a)Periodic system, FIFO cost flow$(b)Perpetual system, FIFO
cost flow$(c)Periodic system, LIFO cost flow$(d)Perpetual system,
LIFO cost flow$(e)Periodic system, weighted-average cost
flow$(f)Perpetual system, moving-average cost flow$
7. (12 points) Ehlo Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. 22. Date Transaction 1/1...
7. (12 points) Ehlo Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. DateTransaction Quantity Price/Cost 1/1 Beginning inventory 2,980 $14 2/4 Purchase 3,980 22 2/20 Sale 4,720 4/2 Purchase 4,980 7/17 Purchase 3,100 11/4 Sale 5,180 Compute cost of goods sold, assuming Ehlo uses: 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...
Swifty 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 1,300 $14 2/4 Purchase 2,300 21 2/20 Sale 2,800 34 4/2 Purchase 3,300 26 11/4 Sale 2,500 38 Calculate average-cost per unit. Average-cost per unit $ Compute cost of goods sold, assuming Swifty uses: (Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to 0 decimal places) Cost of goods...
Bramble 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 2,400 $16 3,400 3,900 4,400 3,600 Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit 23.96 LINK TO TEXT Compute cost of goods sold, assuming Bramble uses: (Round average cost per unit to 4 decimal places, e.a. 2.7631 and final answers to...
Vaughn 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 2,500 $17 2/4 Purchase 3,500 25 2/20 Sale 4,000 41 4/2 Purchase 4,500 32 11/4 Sale 3,700 46 Compute cost of goods sold, assuming Vaughn 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...
Splish 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 3,400 $19 2/4 Purchase 4,400 28 2/20 Sale 4,900 47 4/2 Purchase 5,400 36 11/4 Sale 4,600 51 Compute cost of goods sold, assuming Splish 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...
Kingbird 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 3,100 $18 2/4 Purchase 4,100 27 2/20 Sale 4,600 45 4/2 Purchase 5,100 35 11/4 Sale 4,300 50 Correct answer iconYour answer is correct. Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit $ eTextbook and Media Partially correct answer iconYour answer is partially correct. Compute cost of goods sold,...