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View Policies Current Attempt in Progress Nash Company is a multiproduct form. Presented below is information concerning one of its products, the Hawkeye. Date Quantity Price/Cost Transaction Beginning inventory 1/1 1,200 $13 2/4 Purchase 2.200 20 2/20 Sale 2.700 34 4/2 Purchase 3,200 26 11/4 Sale 2.400 37 Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit 216364 Question Part Score --/1 Compute cost of goods sold, assuming Nash uses: (Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to O decimal places, e.g. 6,548.) Cost of goods sold (a) ) Periodic system, FIFO cost flow --/1 Question Part Score Compute cost of goods sold, assuming Nash uses: (Round average cost per unit to 4 decimal places, eg. 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 $ (0) Perpetual system, moving average cost flow --/12 Question Part Score Bren Co's beginning inventory at January 1, 2005 was understated by $26,000, and its ending inventory was overstated by $52,000. As a result, Bren's cost of goods sold for 2005 was: Understated by $78,000. Understated by $26,000. Overstated by $26,000. Overstated by $78,000