Ehlo company is a multiproduct firm presented below is


Ehlo 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
1,220
$15
2/4
Purchase
2,220
23
2/20
Sale
2,720
38
4/2
Purchase
3,220
29
11/4
Sale
2,420
42

Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.)
Average-cost per unit
$


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Compute cost of goods sold, assuming Ehlo uses: (Round average cost per unit to 2 decimal places, e.g. 2.76 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
$
(f)
Perpetual system, moving-average cost flow
$

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Accounting Basics: Ehlo company is a multiproduct firm presented below is
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