Question: Problem 8-06 (Part Level Submission) Oriole Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction 1/1

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

Problem 8-06 (Part Level Submission) Oriole 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 3,000 4,000 4,500 5,000 4,200 (a) Your answer is correct. Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit 27.6666 (b) Compute cost of goods sold, assuming Oriole 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 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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