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Help System Announcements CALCULATOR PRINTER VERSION BACK Problem 8-6 Sweet Company is a multi product im...

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Help System Announcements CALCULATOR PRINTER VERSION BACK Problem 8-6 Sweet Company is a multi product im Presented below inf
Help System Announcements CALCULATOR PRINTER VERSION BACK Problem 8-6 Sweet Company is a multi product im Presented below 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 2,000 3,000 3,500 4,000 3,200 Calculate average cost per unit. (Round ans decimal places, e.g. 2.7613.) Average-cost per units 9. 2.7831 and final a wers to decimal places . 6.548) Compute cost of goods sold, assuming Sweet uses (Round average cost per unit to 4 decimal places, Cost of goods sold (a) Periodic system, FIFO cost flow (b) Perpetual system, FIFO cost flow (c) Periodic system, LIFO cost How (d) Perpetual system, LIFO cost flow (e) Periodic system, weighted average cost flow (0) Perpetual system, moving average cost How Click if you would like to show Work for this questioni Open Show Wors

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Perpetual inventory System: In this system, the cost of sales and invenries are updated on every sales and purchase transacti2/4 Ans b: Cost of Goods Sold Perpetual FIFO Purchase Cost of Merchandise Sold inventory Date 1 Unit Rate Total Unit Rate TotAns d: Cost of Goods Sold Perpetual LIFO Purchase Date Unit Rate 1/1 Cost of Merchandise Sold Unit Rate Total Total Unit 20001/1 2/4 In weighted average cost method per unit purchase is derived by adding cost opening inventory and purchase made durin

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