Question: Problem 8-06 (Part Level Submission) Marigold Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction 11

 Problem 8-06 (Part Level Submission) Marigold Company is a multiproduct firm.
Presented below is information concerning one of its products, the Hawkeye. Date

Problem 8-06 (Part Level Submission) Marigold Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction 11 Beginning inventory 2/4 Purchase 2/20 Sale 4/2 Purchase 11/4 Sale Quantity Price/Cost 1,400 $14 2,400 21 2,900 35 3,400 27 2,600 38 (a) Your answer is correct. Calculate average cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit 22.4722 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT ETAS Sane Tor (b) 2 Your answer is partially correct. Try again. Compute cost of goods sold, assuming Marigold uses: (Round average cost per unit to 4 decimal places, Cost of goods sold (a) Periodic system, FIFO cost flow 161800 26 (b) Perpetual system, FIFO cost flow 161800 (c) Periodic system, LIFO cost flow 200300 (d) Perpetual system, LIFO cost flow (e) Periodic system, weighted average cost flow 123597.10 (0) Perpetual system, moving average cost flow Click if you would like to Show Work for this question: Open Show Work

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